Insight
Gulfport grows in the Utica while Chevron leads the Permian push: US upstream week in brief Dec. 14 2016
Report summary
Gulfport Energy continues to high-grade its acreage and grow its position in the Lean Gas Core. Meanwhile, Chevron shifts its capital focus from mega projects towards the Permian, while University Lands bets on the price recovery with plans to unlock additional Permian leases in 2017. On OFS side, Patterson-UTI acquires Seventy Seven Energy to position itself for margin recapture. Stories this week include: Bulking up on lean gas: Gulfport extends its lead in the best part of the Utica. Chevron's Permian story continues, despite global 2017 capex cut by 15% Patterson-UTI positions itself for margin recapture with Seventy Seven Energy acquisition School is back in session for University Lands and Permian acreage leasing
Table of contents
- Top stories of the week
- Number of the week
- US oil & gas dashboard
Tables and charts
This report includes 6 images and tables including:
- Utica M&A activity focused around dry gas
- Permian operators with >10% production growth yoy
- University Lands Permian acreage
- Gulfport grows in the Utica while Chevron leads the Permian push: US upstream week in brief Dec. 14 2016: Image 4
- Share price performance, crude oil & gas inventories, horizontal rig count stats
- Gulfport grows in the Utica while Chevron leads the Permian push: US upstream week in brief Dec. 14 2016: Image 6
What's included
This report contains:
Other reports you may be interested in
02 March 2017
US upstream week in brief: Chevron lets Mad Dog off the leash
Insight
US upstream week in brief: Chevron lets Mad Dog off the leash
Two projects sanctioned in GoM as onshore activity picks up in the Permian.
$1,35005 April 2017
US Upstream week in brief: Permian pipelines pile up to meet demand
Insight
US Upstream week in brief: Permian pipelines pile up to meet demand
Another week another Permian pipeline
$1,35015 February 2017
US upstream week in brief: Pioneer and Oxy set an aggressive pace in the Permian
Insight
US upstream week in brief: Pioneer and Oxy set an aggressive pace in the Permian
Pioneer and Oxy set an aggressive pace in the Permian
$1,350