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US Upstream week in brief: 27 January 2016

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Report summary

Guidance announcements led the week as Bakken operators Hess and Continental disclosed capex reductions. In the service sector Schlumberger and Halliburton emerge stronger in Q4 as they surprise with better than expected results. Haynesville operator Comstock Resources adds to its position through a strategic swap and Luxe Energy a newly formed PE backed company acquires acreage in the Delaware Basin. We discuss the auction of Quicksilver Resources' assets and potential delays in Williams' northeast Constitution project. This and more in the week in brief.

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    US Upstream week in brief: 27 January 2016

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This report includes 4 images and tables including:

Images

  • Hess '16 production guidance
  • Notable number of the week
  • Map of Luxe Energy acquisition
  • Share price performance, crude oil & gas inventories, horizontal rig count stats

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