Find out what will drive prices in natural gas, crude, and natural gas liquids in 2020. During this session, Bernadette Johnson, Enverus’ VP of Market Intelligence, will provide an outlook for 2020 based on what’s affecting our world right now. Topics include sanctions, trade wars, global economic concerns, US production growth and exports, changing technologies, the growth of renewables, spacing dynamics, and the push towards capital discipline.
We will walk through the supply/demand balance for both crude and natural gas and discuss our forecasts for the future and implied price ramifications. On the natural gas side, we will discuss the impact of renewables in the power market and the impact to regional prices for both power and gas. On the supply side, spacing is the challenge/opportunity of the day and the optimal spacing is a function of geologic characteristics, economics, and engineering characteristics. We will compare spacing trends and challenges in key basins and discuss the impact to future development and economics in this new era where the focus is on free cash flow and capital discipline.