The coronavirus pandemic has had major implications for the future of the U.S. shale oil and gas industry. With oil prices plummeting, many shale companies are struggling to keep afloat. A price drop to 20 U.S. dollars per barrel would result in nearly half of all U.S. shale oil and gas companies being technically insolvent if they do not receive government subsidies.
Distribution of shale oil and gas companies' financial health by price scenario in the United States as of 2020
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Low-carbon investments in the oil & gas industry worldwide
Overview
5
- Premium Statistic Hydrocarbon share in government revenue 2023, in select countries
- Premium Statistic Global oil and gas GDP contribution share 2023, by select country
- Premium Statistic Global oil and gas industry-related net income 2022-2030, by country and scenario
- Premium Statistic Oil and gas companies most able to transition to clean energy 2022
- Premium Statistic Global oil and gas companies' climate targets 2023
Cash flow and capex
3
Investment breakdown
4
- Premium Statistic Major oil and gas companies' spending breakdown 2015-2022
- Premium Statistic Big Oil's projected investment share in oil and gas ventures 2023
- Premium Statistic Global oil and gas industry's clean energy investment as share of total 2022
- Premium Statistic Global oil and gas industry's most favored low-carbon tech 2023
Low-carbon portfolio
4
- Premium Statistic Global oil and gas sector capacity for liquid biofuel production 2022, by fuel type
- Premium Statistic BP's installed and planned renewables capacity 2020-2023
- Premium Statistic Shell's installed and planned renewables capacity 2020-2023
- Premium Statistic TotalEnergies's installed and planned renewables capacity 2020-2023
Views on diversification & future tech
6
- Premium Statistic Survey on global oil and gas industry commitments toward low-carbon integration 2023
- Premium Statistic Survey on global oil and gas industry's low-carbon IRR expectations 2023
- Premium Statistic Oil & gas investor support for lower dividends and higher low-carbon spend 2023
- Premium Statistic Survey on global oil and gas industry's potential barriers to energy transition 2023
- Premium Statistic Survey on energy transition impact on crude oil prices in the U.S. 2023
- Premium Statistic Survey on expected AI impact on U.S. oil and gas company staff 2023
Further related statistics
10
- Devon Energy revenue 2007-2023
- U.S. oil and gas industry CAPEX 2010-2022
- Nabors Industries' total assets 2002-2020
- Nabors Industries' net income 2002-2020
- Noble Energy's natural gas sales volumes 2009-2019
- Cameron International's number of employees 2008-2015
- Air Liquide's number of employees 2005-2023
- Schlumberger Limited's revenue 2008-2023
- OPEC's crude oil production 1998-2022
- Global oil production share 2022, by country
Further Content: You might find this interesting as well
Statistics
- Devon Energy revenue 2007-2023
- U.S. oil and gas industry CAPEX 2010-2022
- Nabors Industries' total assets 2002-2020
- Nabors Industries' net income 2002-2020
- Noble Energy's natural gas sales volumes 2009-2019
- Cameron International's number of employees 2008-2015
- Air Liquide's number of employees 2005-2023
- Schlumberger Limited's revenue 2008-2023
- OPEC's crude oil production 1998-2022
- Global oil production share 2022, by country
Deloitte. (June 16, 2020). Distribution of shale oil and gas companies' financial health by price scenario in the United States as of 2020 [Graph]. In Statista. Retrieved June 15, 2024, from https://www.statista.com/statistics/664554/us-shale-oil-and-gas-companies-financial-state/
Deloitte. "Distribution of shale oil and gas companies' financial health by price scenario in the United States as of 2020." Chart. June 16, 2020. Statista. Accessed June 15, 2024. https://www.statista.com/statistics/664554/us-shale-oil-and-gas-companies-financial-state/
Deloitte. (2020). Distribution of shale oil and gas companies' financial health by price scenario in the United States as of 2020. Statista. Statista Inc.. Accessed: June 15, 2024. https://www.statista.com/statistics/664554/us-shale-oil-and-gas-companies-financial-state/
Deloitte. "Distribution of Shale Oil and Gas Companies' Financial Health by Price Scenario in The United States as of 2020." Statista, Statista Inc., 16 Jun 2020, https://www.statista.com/statistics/664554/us-shale-oil-and-gas-companies-financial-state/
Deloitte, Distribution of shale oil and gas companies' financial health by price scenario in the United States as of 2020 Statista, https://www.statista.com/statistics/664554/us-shale-oil-and-gas-companies-financial-state/ (last visited June 15, 2024)
Distribution of shale oil and gas companies' financial health by price scenario in the United States as of 2020 [Graph], Deloitte, June 16, 2020. [Online]. Available: https://www.statista.com/statistics/664554/us-shale-oil-and-gas-companies-financial-state/