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proposal is a hot topic of debate, tax relief is actually more likely this year; the Enhanced Oil Recovery tax, if not repealed, should come into effect in the near term.

What's included

This report contains

  • Document

    US Upstream week in brief: 10 February 2016

    PDF 752.92 KB

Table of contents

  • Top stories of the week
  • Lower 48 dashboard

Tables and charts

This report includes 3 images and tables including:


  • 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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