Americas Production

April 2017

Gas production in the US is expected to see only a marginal increase in 2017 despite improving oil prices.

The WTI crude oil front-month futures price is trading above $50 per barrel. This is supporting oil and gas production from US shale acreage, but the impact on the country’s overall gas output may not be evident until H2 2017. While high oil prices are supportive of shale gas output, not all US shale plays benefit equally. Moreover, higher gas production from US shale plays discourages non-shale...

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