Energy Bank Price Deck Survey Results for Fall 2024

This document is a report detailing the results of the Haynes Boone Energy Bank Price Deck Survey conducted in Fall 2024. The survey collects data from energy bankers regarding their current oil and gas price decks, which are crucial for determining the borrowing bases of oil and gas producers. The report highlights that 26 banks participated in this survey, providing insights into the lending limits reset for oil and gas producers. It discusses key factors influencing price forecasts, including geopolitical instability and demand from emerging technologies. The report also compares findings from the Spring 2024 survey, noting that while oil price forecasts have slightly improved, gas price expectations have decreased. The document outlines the methodology used in the survey and presents statistical data on oil and gas price trends, including sensitivity analyses. Overall, the report serves as a significant resource for producers and lenders in understanding market conditions and borrowing base determinations.