Description
U.S. crude production is forecast to grow to over 15 million BPD by 2025 (6 million BPD above the 2017 annual average and 4 million BPD above estimated current levels). Essentially all of this production will be light sweet and almost 80% will come from the Permian. Crude exports will approach 6 million BPD by 2022/23. This will require the build out of significant infrastructure, including pipelines to deliver crude from the field to tidewater, deepened channels and export facilities. Some of these will be capable of loading Very Large Crude Carriers (VLCC’s). This report presents the outlook for US Crude exports including volumes and destination markets
Report Contents
- US Crude Production Volumes
- US Crude Production by Field
- US Refining Growth
- Effects of IMO Regulations
- The Shift to Crude Exports
- US Crude Export Infrastructure
Tables and Charts
- Crude Production Forecast
- Crude Production Growth by Field
- US Refining Capacity Growth
- Crude Export Forecast Volumes by Port
- Planned Major Pipeline Additions
- Current and Planned VLCC Loading Terminals
What’s Included
- Data file – US Crude Exports.xls
- Pdf report – US Crude Exports.pdf
