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US Upstream week in brief: ConocoPhillips sells San Juan assets to unsurprising buyer

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Report summary

ConocoPhilips sells San Juan assets to Hilcorp Energy for $3.0 billion. This deal makes Hilcorp the largest gas producer in the San Juan Basin. Could there be further upside value from drilling in new horizons? BP and WPX are already testing and Hilcorp could follow suit. Other stories covered this week include: Bakken production increases but how long will it last? Tapstone Energy files for IPO with Northern STACK focus Ring Energy acquires CBP acreage Will Trump executive order lead to increased Atlantic coast drilling?

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    US Upstream week in brief: ConocoPhillips sells San Juan assets to unsurprising buyer

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