Insight
US upstream in brief: Tariffs are rewriting the cost landscape—unevenly
*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
- Wood Mackenzie 2025 tight oil cost outlook: tariffs, trade and oil price turmoil
- Devon Energy unveils US$1 billion business optimization plan
- EQT ascends with Olympus Energy acquisition
- Chevron brings its first Norphlet project in the GoA onstream
- Upstream’s role in US energy dominance
- ExxonMobil’s deep Delaware play test
- Policy and legal whiplash for GoA leasing
- Mubadala Energy deepens US LNG investment with Kimmeridge deal
- Anchor delivers encouraging early production data
- bp and Chevron reel in the first GoA discovery of the year
- Crude prices continue sliding
- Chevron forms Haynesville JV with TG Natural Resources
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
- 2025 Q4 well cost inflation forecast
- Devon’s peer group 2024 production per employee
- Devon’s Bakken Fort Berthold subplay well sensitivities
- Olympus acreage map
- EQT and Olympus well activity
- EQT and Olympus well results
- Upstream value split in top producing countries
- Woodford Oil play map
- Lease Sale 259 deepwater blocks awarded
- Kimmeridge leasehold
- Anchor well results
- 5 more item(s)...
What's included
This report contains:
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