Insight
US Upstream week in brief: Harvey halts operations, delays production across the Gulf Coast
Report summary
Hurricane Harvey caused operators across the Eagle Ford and Gulf of Mexico to temporarily seize operations and shut in wells. With newly formed Hurricane Irma strengthening, offshore operators still may face further setbacks. In the Permian Basin, University Lands is set to offer 700,000 acres in mostly large, contiguous leases. Additionally, SCOOP well performance continues to improve in Grady County as evidenced by Gulfport's latest well results. Elsewhere, frac sand handlers will soon be facing tougher regulations from OSHA.
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