Insight
US upstream in brief: Devon and Coterra merge to form the largest independent in the L48
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The US week in brief report highlights the need-to-know events from US upstream. It is a rolling document, continuously updated with our own analysis and opinion on events impacting the sector. Coverage includes US onshore and Gulf of Mexico. Sources for the news stories include company press releases, industry events, press coverage, and our own modelling changes. The facts are presented, but more importantly we discuss implications for our modelling.
Table of contents
- Devon and Coterra merge to form the largest independent in the L48
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US upstream support solid year end results for Chevron and ExxonMobil
- Chevron
- ExxonMobil
- ICYMI: Global upstream update
- Freezing temperatures disrupt US gas supply
- Winter volatility favors EQT’s open book over Expand’s hedged certainty
- Beacon’s Zephyrus success strengthens position ahead of potential US$5bn sale
- Quick take: ExxonMobil Eagle Ford divestment
- Mitsubishi makes a US$7.5 billion Haynesville power play
- ICYMI: Alaska upstream year in review
- Permian leaders mull Venezuela options
- Efficiency gains finally fail to offset shrinking rig counts
- Vickery Energy acquires Tribune Resources to establish core Marcellus position
- 5 more item(s)...
Tables and charts
This report includes the following images and tables:
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US Lower 48 production from select operatorsFreeze-off Forecast Ranges
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EQT is an outlier on low 2026 hedge coverage despite peer‑leading absolute volumes at ExpandSwaps and two‑way collars cap upside across much of the gas peer groupWell performance comparison – Black Oil subplayWell performance comparison – Karnes Trough subplayAethon Energy Haynesville acreageLouisiana Haynesville production benchmarkingTexas Haynesville production benchmarkingUS Lower 48 rig and crude production outlook
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What's included
This report contains:
