• Upstream
  • Pipelines & Transport
  • Downstream
Wednesday, October 8, 2025
Oil&Gas Advancement
OFFSHORE ENERGY
  • Home
  • News
    Key Offshore Block of Shell

    QatarEnergy Buys Share in a Key Offshore Block of Shell

    U.S. Crude Oil Exports

    U.S. Crude Oil Exports Hit Highest Mark Since February 2024

    Natural Gas to China at Lower Prices

    Russia Indicates Natural Gas to China at Lower Prices

    First Oil Production

    U.S. Gulf Achieves First Oil Production Milestone

    Tamboran to acquire Falcon Oil Gas

    Tamboran to Acquire Falcon Oil & Gas in Australia

    Subsea Production Systems

    TechnipFMC Gets Petrobras Subsea Production Systems Deal

    Energy Security of the UK

    £830mn Gas Storage Project for Energy Security of the UK

    Frontier Exploration to Grow

    Global Oil And Gas Majors Push Frontier Exploration to Grow

    Nitzana Natural Gas Pipeline

    Chevron & Israel Team to Build Nitzana Natural Gas Pipeline

  • Projects
    Tamboran to acquire Falcon Oil Gas

    Tamboran to Acquire Falcon Oil & Gas in Australia

    Subsea Production Systems

    TechnipFMC Gets Petrobras Subsea Production Systems Deal

    Oil and Gas Exploration

    Egypt Signs 3 Deals worth Over $121M for Oil and Gas Exploration

    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Production Sharing Contract of Nigeria

    Production-Sharing Contract of Nigeria with TotalEnergies

    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Market Reports

WoodMac: EOR could boost US tight oil output 3 million b/d by 2030

in Market Reports, Production, Upstream
Share on FacebookShare on Twitter

Additional volumes from enhanced oil recovery (EOR) slated to come on stream after 2020 could boost tight oil production in the US by 1.5-3 million b/d by 2030, up to 25% more oil than is being forecasted today, according to analysis from Wood Mackenzie.

“Growth in US tight oil continues to impress as development technology and techniques have yet to mature beyond adolescence,” explained Phani Gadde, WoodMac senior North America upstream analyst.

 

WoodMac notes that these technologies are in early test phases and not yet commercial, but indicators suggest up to a 100% increase in recovery rates. Pilot tests are being conducted by operators such as EOG Resources Inc. in the Eagle Ford shale (OGJ Online, Apr. 8, 2010).

 

“This is going to happen, like horizontal drilling and [hydraulic fracturing], leading to another step-change in production technology,” noted Skip York, WoodMac principal analyst, Americas downstream, midstream and chemicals.

 

The crude oil export ban, however, could delay such advancement, York warns. Excessive production could drive down US crude oil prices by more than $30/bbl compared with their international benchmarks, stranding barrels in reservoirs and leading to no net change in US tight oil volumes.

 

Policymakers could lift the export ban to preserve current investment levels if US crude prices fall compared with international benchmarks, resulting in improved US tight oil wellhead margins by $5/bbl.

 

The margin improvement would then attract additional investment, yielding another 350,000-450,000 b/d, WoodMac says. This environment would attract more capital—where every $5 billion invested could yield additional production of 400,000 b/d over 5 years.

 

Ann-Louise Hittle, WoodMac head of macro oils, added, “The fact these additional volumes are poised to have an impact after 2020 means the increased US tight oil production above our current forecast is likely to be absorbed without a strong effect on Brent oil prices. This is particularly the case because of potential long-term political risk in key future sources of supply such as Iraq’s.”

Previous Post

EIA: Higher Permian production, constrained infrastructure increase spread between WTI oil hubs

Next Post

Petrotechnics to talk offshore best practices at HSE Excellence Forum

Related Posts

Key Offshore Block of Shell
News

QatarEnergy Buys Share in a Key Offshore Block of Shell

October 7, 2025
First Oil Production
News

U.S. Gulf Achieves First Oil Production Milestone

October 4, 2025
Tamboran to acquire Falcon Oil Gas
Asia Pacific

Tamboran to Acquire Falcon Oil & Gas in Australia

October 3, 2025
Subsea Production Systems
America

TechnipFMC Gets Petrobras Subsea Production Systems Deal

October 3, 2025
Frontier Exploration to Grow
News

Global Oil And Gas Majors Push Frontier Exploration to Grow

September 30, 2025
Oil and Gas Projects
Exploration Development

More Oil and Gas Projects Imperative, Says the IEA

September 17, 2025
Next Post

Petrotechnics to talk offshore best practices at HSE Excellence Forum

LatestNews

U.S. Crude Oil Exports
Downstream

U.S. Crude Oil Exports Hit Highest Mark Since February 2024

October 6, 2025
Natural Gas to China at Lower Prices
Downstream

Russia Indicates Natural Gas to China at Lower Prices

October 4, 2025
First Oil Production
News

U.S. Gulf Achieves First Oil Production Milestone

October 4, 2025
Tamboran to acquire Falcon Oil Gas
Asia Pacific

Tamboran to Acquire Falcon Oil & Gas in Australia

October 3, 2025
Subsea Production Systems
America

TechnipFMC Gets Petrobras Subsea Production Systems Deal

October 3, 2025
Energy Security of the UK
Gases

£830mn Gas Storage Project for Energy Security of the UK

September 29, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.