Insight
Is the Lower 48 tight oil supply boom over?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
It is too early to write off Lower 48 tight oil supply. In 2023, Lower 48 oil production growth exceeded expectations, adding 900,000 b/d despite inflationary pressures, private consolidation, and declining rig activity. But don't look for a repeat of 2023 growth levels in 2024
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