DATE

1 min read •

Rethinking US Independents

A combination of innovation, well-developed infrastructure, and readily accessible capital markets caused shale production to grow from zero to roughly 4 million barrels per day between 2008 and 2014. By 2022, this number is expected to double, largely from the Permian basin in Texas and New Mexico. Because of this dramatic increase, the US has become an oil exporter, having moved some 2 million barrels per day already in 2018. In this article, Bob Peterson, Partner at Arthur D. Little, discusses why Independent US operators (who have largely generated this production increase) must now position themselves for long-term value creation through new business models.

1 min read •

Rethinking US Independents

DATE

A combination of innovation, well-developed infrastructure, and readily accessible capital markets caused shale production to grow from zero to roughly 4 million barrels per day between 2008 and 2014. By 2022, this number is expected to double, largely from the Permian basin in Texas and New Mexico. Because of this dramatic increase, the US has become an oil exporter, having moved some 2 million barrels per day already in 2018. In this article, Bob Peterson, Partner at Arthur D. Little, discusses why Independent US operators (who have largely generated this production increase) must now position themselves for long-term value creation through new business models.