Name: OPEC gift wraps market share for US tight oil producers just in time for the holidays: US Upstream week in brief
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Author: Wood Mackenzie

Insight 30 November 2016

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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Commodity markets rally as OPEC announces its first cut since 2008 and Texas is poised to capitalise, as the state features prominently in stories across the board this week. The Delaware Basin in West Texas continues its hot streak of high dollar M&A deals. Gas plays in East Texas have proven to be foundational company assets, with a new player attempting to IPO around Cotton Valley acreage. Eagle Ford players in South Texas could benefit from newly proposed downstream capacity, but with crude exports to Korea kicking off, is it needed to support what may or may not become a trend? We interrogate all these topics for you. Stories this week include: In the M&A world, the Delaware Basin reigns supreme. Raven plans new refinery in South Texas, but obstacles remain. US oil producers pivot to Asia. Wildhorse Resources Development charges on with $650 million IPO. Throwback tax measure still provides value if you can trigger it.</div>
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<li class="list__item-toggle font-semibold">
        Top stories of the week
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        Number of the week
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        US oil & gas dashboard
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<p class="push-half--bottom">This report includes the following images and tables:</p>

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         <li class="list__item push-quarter--bottom">North American tight oil spend, by play (US$ bn)</li><li class="list__item push-quarter--bottom">Recent M&A activity spans the Delaware Basin</li><li class="list__item push-quarter--bottom">Gulf Coast crude and condensate capacity additions</li>
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            <li class="list__item push-quarter--bottom">Month-over-month change in refinery crude runs</li><li class="list__item push-quarter--bottom">Destinations of US crude oil exports</li><li class="list__item push-quarter--bottom">Cotton Valley horizontal wells by operator since 2015</li><li class="list__item push-quarter--bottom">OPEC gift wraps market share for US tight oil producers just in time for the holidays: US Upstream week in brief: Image 8</li><li class="list__item push-quarter--bottom">Share price performance, crude oil & gas inventories, horizontal rig count stats</li><li class="list__item push-quarter--bottom">OPEC gift wraps market share for US tight oil producers just in time for the holidays: US Upstream week in brief: Image 10</li>
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<p class="font-regular" >Operators plunge into deepwater Gulf of Mexico on both sides of the border: US Upstream week in brief December 07 2016</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>2.79 MB</span>
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