BTU Analytics: the seismic change for 2017 is that the U.S. has replaced OPEC as swing supply in the global oil market
At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with BTU Analytics Co-Founder and Managing Director Kathryn Downey Miller. Miller talked about how U.S. shale operators added rigs and completions crews in 2017 which will result in future production that Miller believes will push oil prices lower. Miller discusses the shale producers’ reactions to volatility and the learning curve to becoming a low cost producer.
View Miller’s EnerCom Conference presentation webcast here.
Download the BTU Analytics slide deck here.