Fracking in North Dakota
US shale needs to find new efficiencies
Output looks to a growth model based around doing more with less given green policy pressure, with tech advancements, equipment upgrades and fiscal tools key
US shale output growth will struggle to hit fresh records this decade unless it can unlock efficiency gains through fiscal management, adapt to growing policy and public pressure regarding the energy transition, and both make technological improvements and replace ageing equipment. US shale faces huge risks in its pursuit of accelerating production. First is the financial health and future plans of major frackers in relation to capital discipline and demand trends in the global economy—if demand falls precipitously then the stranded assets will become a liability. Second, there is policy and public pressure regarding the energy transition and the measures taken by oil majors to adapt by upgr
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
