ENERGY TRANSITION: OPPORTUNITIES AND IMPACTS ON UNCONVENTIONAL OIL AND GAS DEVELOPMENT IN THE US

The current landscape of unconventional “shale” oil and gas in the United States is filled with both opportunities and pitfalls. A confluence of events developing out of 2020 continues to impact the industry: a Russian-Saudi price war; the ongoing COVID-19 pandemic; the energy transition; and continuing ESG market concerns.

The most optimistic forecasts of the rise of renewable energy still expect oil and natural gas demand to climb for many years (perhaps decades) to come as crude oil prices recover and remain on an apparent upward trajectory.

What does all of this mean for unconventional oil and gas producers in the United States? What are the near- and midterm impacts of global and U.S. policy on the environment even as the timing and scope of such policy remain uncertain and may impact the future landscape of unconventional oil and gas in the long term? What opportunities and paths forward are prevalent as we enter what is (hopefully) the post-COVID world in 2022?

Read “Energy Transition: Opportunities and Impacts on Unconventional Oil and Gas Development in the United States.”