U.S. oil & gas producers' breakeven prices by oilfield 2023

Average WTI price needed for U.S. oil and gas producers to stay profitable by well status in selected U.S. oilfields as of 2023

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Release date

March 2023

Region

United States

Survey time period

March 15 to 23, 2023

Number of respondents

80-83

Special properties

Executives in exploration and production firms

Supplementary notes

Results of two separate survey questions: "In the top two areas in which your firm is active: What West Texas Intermediate (WTI) oil price does your firm need to cover operating expenses for existing wells?" - Existing wells, 83 respondents;
"In the top two areas in which your firm is active: What WTI oil price does your firm need to profitably drill a new well?" - New wells, 80 respondents.

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