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US upstream in brief: Murphy Oil weighs an Eagle Ford sale to fund offshore growth

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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

  • Murphy Oil weighs an Eagle Ford sale to fund offshore growth
  • Gulf of America operators are betting on synergies in Mexico
  • CEO interview: Toby Rice from EQT
  • Shell joins BP’s evergreen ambition in Conifer, the next frontier GoA Paleogene test
  • Diversified Energy strikes again with record US$1.8 billion Permian deal
  • Oklahoma drilling shifts west as Cherokee play momentum grows
  • Western Haynesville attracts an international buyer
  • North America cost inflation rises
  • Pikka production reaches 40,000 b/d in Alaska
  • The Permian’s power problem
  • Continental steps up Permian expansion with FireBird Energy II acquisition
  • 23 more item(s)...

Tables and charts

This report includes the following images and tables:

    Murphy corporate reinvestment rate scenariosAbsolute emissions by US Northeast field (EQT)
    Conifer prospect location and surrounding BP and Shell operated exploration acreageUS Lower 48 deal consideration YoYWestern Anadarko Basin production by key reservoirAlaska Nanushuk oil production by wellMidland Basin - Continental and Firebird producing wellsContinental and FireBird combined Permian productionEscalating Permian returns from various gas weightingPermian gas egress capacity
  • 16 more item(s)...

What's included

This report contains:

  • Document

    2026 September 8 GOM Deepwater Dashboard.pdf

    PDF 232.78 KB