Royalty exemptions could save the day for U.S. oil and gas operators, Rystad says

The Covid-19 pandemic and the price crisis it has brought upon the oil and gas sector have hit the profitability of exploration and production (E&P) companies hard, energy intelligence firm Rystad Energy has said.

Despite the recent relative oil price recovery, dozens of U.S. operators are still threatened by bankruptcies even at a WTI oil price of $30 per barrel. A Rystad Energy analysis shows that royalty exemptions could save the day for many of them.

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