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US onshore total net and gross oil curtailments* (source: Rystad Energy research and analysis, company reporting)

US shut-in oil comes back: Most curtailed output is set to return by the end of August

17 August 2020 Editor 0

Most US onshore operators will restore nearly all shut-in oil volumes by the end of the third quarter, with only a handful maintaining some level of curtailment for the rest of the year, a Rystad […]

US land, net expected oil production curtailments as of 6 May 2020 (source: Company reporting, Rystad Energy research and analysis)

US shut-ins double: Company guidance hints 616,000 barrels per day shut during May, 655,000 in June

8 May 2020 Editor 0

US production of 616,000 barrels of oil per day (bpd) will be shut during May and 655,000 bpd during June as a result of the supply-demand imbalance that the COVID-19 pandemic has created, according to […]