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US upstream week in brief: Perched in the Permian, Halcon makes full pivot to the Delaware Basin

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Report summary

Halcon announced the sale of its Williston Basin assets this week to Bruin E&P for $1.4 billion in an all cash transaction. The deal solidifies Halcon as a Permian pure play and catapults the Bakken back into the headlines after a long hiatus. Other stories this week include: oilfield services M&A signals greater focus on production management Cantium captures the latest batch of Chevron assets in the GoM Shelf STACK gusher spits out 6 000 boe/d and XTO and Summit get ahead of midstream constraints in the Permian.

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    US upstream week in brief: Perched in the Permian, Halcon makes full pivot to the Delaware Basin

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