Operators in the U.S. are increasingly looking beyond the Permian Basin to regions that offer cheaper acreage and the potential to implement technological advances in new locations.The Permian has long been the epicentre of U.S. shale production. It produces more oil and has more active rigs than other U.S. formations combined with hundreds of new wells completed every month. Productivity is also increasing thanks to efficiency gains and technological advances.Recent developments, however, have prompted producers to increasingly look beyond the Permian:Growth has slowed and is widely expected to slow further as core acreage matures and capital efficiency gains peak.Infrastructure faces capacity constraints, especially in terms of water disposal and pipeline bottlenecks.Greater emphasis is being placed on shareholder returns via dividends, at the expense of raw production growth.Three years of sustained merger and consolidation activity has seen the bulk of the top-tier Midland and Delaware Basin acreage acquired by a handful of major producers.Evaluate Energy’s new report analyzes key factors expected to drive growth in major U.S. formations, including Anadarko Basin, Bakken, DJ Basin, Eagle Ford, Haynesville, Marcellus, and Uinta Basin.
