With crude oil markets under unprecedented pressure from the effects of COVID-19 on the global economy and a standoff between Saudi Arabia and Russia, the industry landscape for oil & gas is changed.
In this month’s report, you’ll learn:
- The effect of oversupply on crude and natural gas prices and production
- The predicted volumes at risk of shut-ins in the lower 48
- The prediction for NGL production on pipeline takeaway capacity and new fractionation projects coming online in 2020
- Operator CapEx reductions since the crash