The massive drop in demand for oil has everybody in the industry now focused on how quickly supply will adjust.
To facilitate a better understanding on how US shale might respond, we have created a highly accurate model of all the shale basins in the US.
- Explain how you can use this dashboard to simulate the scenarios that you think are likely or would like to understand in more detail.
- Explain how the model works and how you can verify the various elements.
- Show you the results for two commonly requested scenarios (no more completions and halving of the rig count).
He will also be delighted to answer any questions that you might have.
How may US shale respond to the latest crisis?
Date & Time: April 23, 2020 at 09:00am CDT
Space is limited to 100 attendees! Register today to save your spot.
Using our model, you can quickly answer questions such as how much oil & gas will be produced in the coming months/years if the rig count stays constant or would for example drop by another 50% and rise again one year later. Much more complicated scenarios are also supported. Furthermore, the model allows you to see how quickly US shale can respond and how the different basins will be impacted.
Simply by setting a rig count projection and optionally a few other parameters, the effect on US shale oil & gas output for the coming months and years is determined. The model takes into account the latest actual production figures, rig efficiency, county-level & time-dependent type curves and calculates the resulting supply.
This model is now available in a new dashboard in ShaleProfile Analytics. We have also made this dashboard publicly available on our website until at least the end of May.