Insight
US Upstream: 2017 year in review
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Report summary
2017 marks a year full of noteworthy events across the US Lower 48. It all started with Permania, as the Permian experienced an impressive amount of M&A activity crunched into a single quarter. We also saw how gas prices spoiled IPO plans in the Haynesville. Private Equity backed operators delineated the STACK fringe, attracting significant activity and causing a tremendous shift in our outlook for the play. The EQT-Rice deal was transformational for the Appalachian basin. Finally, Dakota Access Pipeline provided the Bakken with much-needed pipeline takeaway capacity.
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