Insight

US Upstream week in brief: 10 February 2016

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Report summary

Operators reduce capital guidance for 2016 which is supported by the largest drop in rig count in almost a year. Although President Obama's oil tax proposal is a hot topic of debate tax relief is actually more likely this year; the Enhanced Oil Recovery tax if not repealed should come into effect in the near term.

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    US Upstream week in brief: 10 February 2016

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This report includes 3 images and tables including:

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  • Notable number of the week
  • Linn's remaining value by region
  • Share price performance, crude oil & gas inventories, horizontal rig count stats

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