Solomon Natural Gas Services Releases: A Report on the Impact of Low Oil Prices

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Leading energy consultancy firm releases latest report detailing the impact of low oil prices on North American oil and natural gas supply and pricing.

Figure 1.  Factors Influencing North American Oil Production and Price

Figure 1. Factors Influencing North American Oil Production and Price

Solomon Natural Gas Services, formerly Ziff Energy, today announced the release of its “Impact of Low Oil Prices” report. The report analyzes the factors influencing North American oil production and price, including drilling, full-cycle oil costs, shut-in oil price, the size of the considerable low-cost resource in four key oil plays, the economics of oil sands projects, cash flow for growth plays, lower natural gas liquid revenues, and liquefied natural gas (LNG) project economics.

“Lower oil prices lead to substantially lower cash flow, which reduces funds for drilling and other capital investment,” said Simon Mauger, P.Geol., Director, Gas Supply and Economics at Solomon and author of the report. “The reduced prices lead to lower full-cycle costs, which reduce the break-even prices for oil projects.”

Figure 1 provides a map of the
major North American oil growth plays, all oil and gas producing basins, and a summary of factors influencing North American oil production and price.

Following is a list of other recent and widely read Solomon Natural Gas Services reports available for purchase:

  •     Gas for Power Generation to 2022
  •     North American Natural Gas Liquids Production Outlook to 2022
  •     North American LNG Exports to 2022
  •     North American Oil and Associated Gas
  •     Gas Price Differentials Forecast to 2022
  •     Henry Hub Gas Price Outlook to 2022
  •     Gas Production Outlook by Basin to 2022
  •     Growth of North America Natural Gas Demand to 2022
  •     Pipeline Capital Costs in North America
  •     Western Canada Natural Gas Production to 2022
  •     US and Canadian Gas Reserve Replacement for 2013
  •     Pipeline Repurposing
  •     Shale Gas Production Outlook by Play to 2022
  •     North American Gas Ultimate Potential Resource
  •     Gas Demand for the Oil Sands to 2022
  •     Canadian Gas Exports to 2020
  •     North American Natural Gas Storage
  •     Mexico Natural Gas Outlook to 2020

About Solomon Associates

HSB Solomon Associates LLC (Solomon) is the leading performance improvement company for the global energy industry. Solomon’s benchmarking and consulting solutions help customers across the energy value chain achieve operational excellence by increasing efficiency, reliability, and profitability. Solomon also provides forecasting and advice on the North American gas market. Solomon’s proprietary analytics uniquely transform data into insight for making better business decisions. Based in Dallas, TX USA, Solomon is part of The HartfordSteam Boiler Inspection and Insurance Company (HSB). Learn more at SolomonOnline.com.

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Kelsey Lloyd
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