Events
See upcoming hosted events, trade shows and training offered.
We’ll follow up right away to show you a quick product tour.
In the wake of the concurrent COVID-19 demand shock and OPEC+ supply war, E&P hedge books will provide vital liquidity on the path to recovery. Enverus’ latest analysis reveals 2.5 MMbbl/d of aggregate 2020 oil-hedge volume among publicly traded North American E&Ps at an effective hedge price above $50 WTI. Most oil-weighted E&Ps have hedged between 25% and 90% of anticipated oil production for the year. We estimate the value of these financial-derivative assets (in conjunction with gas and NGL hedges) exceeds 10% of respective enterprise values for the majority of E&Ps.
Hedged oil volumes decline by 85% after 2020. If oil prices fail to recover by year-end, 2021 could prove even more challenging for E&Ps than 2020.
The full report was jointly authored by recently-united Drillinginfo and RS Intelligence teams. For information on how to access the report and the datasets associated with it, please contact your Enverus account manager.
We’ll follow up right away to show you a quick product tour.
Enverus uses cookies to personalize our services and provide customized information to enhance your experience. By continuing to use the website, we understand that you accept their use.
We’ll follow up right away to show you a quick product tour.
We’ll follow up right away to show you a quick product tour.