‘Great Compression’ Seen for Lower 48 E&Ps as Impairments Likely to Spur Consolidation

摘要

The U.S. onshore oil and gas industry is against the wall with the unconventional boom in its 15th year, now facing acceler- ated insolvencies and a wave of consolida- tion, according to new research. Second quarter earnings may bring a “surge of asset impairments” as U.S. operators that work in shale and other tight resources enter a period of “great compres- sion,” Deloitte researchers said Monday.