EA Forum podcast: Enterprise Products sees US oil production growing into early 2030s
Previously released for Energy Aspects subscribers, EA Head of Upstream Jesse Jones talks to Anthony C. Chovanec, Executive Vice President, Fundamentals and Commodity Risk Assessment at Enterprise Products.
They discuss:
- Enterprise believes US oil production will continue to grow into the early 2030s, contrary to market expectations.
- US producers are always getting more efficient and how creative thinking means that production is holding up even in secondary basins.
- Major midstream companies are making multi-billion dollar bets on long-term Permian production.
- The focus of investment is now on handling the gas and NGLs that are growing much faster than crude.
- Enterprise is marketing its deepwater SPOT project and thinks it will deliver meaningfully lower costs for US crude exports.
Podcast recorded on 25 September 2024.
EA Forum
A space for global commodities and macro leaders to share their perspectives with EA's global client base. EA Forum features views and analysis from non-EA experts. Opinions and views expressed here are solely those of the author(s), not those of EA Group.
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