The Short-Term Outlook for U.S. Tight Oil Production
This event will be webcast live from this page.
The CSIS Energy & National Security Program is pleased to invite you to a conference on the short-term outlook for U.S. tight oil production and its implications for global oil markets.
As we enter the new year with renewed commitment from the OPEC/non-OPEC partnership, Brent has continued to climb from $45 per barrel low in 2017 to $70 in January 2018. Global economic growth continues to look robust, oil stocks are clearly in decline, geopolitical challenges remain ever-present, and market sentiment looks bullish (for now). However, persistently higher prices have the potential to bring on additional supply from both OPEC and non-OPEC sources.
In this context, much attention is being directed to prospective U.S. supply growth. Based on assessments of resource strength, well productivity, hedging activity, cash flow, break even costs, and a sizeable backlog in drilled-but-uncompleted wells (DUCs), estimates of U.S. near-term output vary widely and challenges remain. Against this backdrop, the CSIS Energy & National Security Program will host a distinguished group of experts to discuss the outlook moving forward.
8:30 a.m. - Why Do Shale Production Forecasts Diverge?
10:30 a.m. - Financial Appetite for Investors? New Business Model for Producers?
12:30 p.m. - Lunch Discussion: Evolution of U.S. Tight Oil Development and its Applicability to Other Global Plays
2:15 p.m. - Potential Constraints to Unconventionals Growth
More speakers to be announced
This event is made possible by general funding to CSIS and the CSIS Energy and National Security Program.