Winter 2018 Issue

By Eric Sharpe

From the volatile roller coaster of oil prices through 2015 and 2016 and a low of 27.76 in January of 2016 to a final sense of stability in 2017 as prices have levelled, and risen through the $60 dollar mark last year, the emerging powerhouse that is American oil has survived, and is once again thriving. And despite dire predictions of a potential Natural Gas crash due to overproduction and the uncertain landscape of domestic exports, the NG sector is not only stable, but helping the U.S. become the leader in global energy exports. At the foundation of the strength and positive outlook of the O/G is the American shale play. Seven regions in the lower 48 states, which made history not long after the turn of the century in fueling an American energy renaissance, have emerged from the worst downturn in global energy history to reveal the long-term viability of energy independence. These seven plays are now set to break national production records in 2018 and solidify the new American reality of being the global leader in Oil and gas production. What follows are data sets provided by the U.S. Energy Information Administration’s Drilling Productivity Reports including projections through January 2018.

Click on the below Shale Play Data to enlarge

Permian	Eagle Ford

Bakken	Anadarko & Niobrara	Appalachia & Haynesville

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