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US upstream week in brief: LINN goes lean with two more asset sales

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31 May 2017

US upstream week in brief: LINN goes lean with two more asset sales

Report summary

LINN Energy announced a pair of non-core asset sales as it shifts its focus from conventional production across multiple regions to unconventional assets in the Mid-Continent. After emerging from bankruptcy in February, LINN is now able to pay off its debt and with further divestment proceeds and will invest in its potential growth play – the SCOOP/STACK. Other stories this week include: Targa Resources to build a new pipeline from the Permian Basin to Mont Belvieu, adding Permian NGL capacity. The first Very Large Crude Carrier successfully docked at a US port. FERC delays drilling on the Rover pipeline highlighting risk of pipeline delays in the Northeast.

Table of contents

  • Top Stories
  • Upcoming events

Tables and charts

This report includes 6 images and tables including:

  • Permian NGL pipeline capacity
  • Rover Pipeline
  • Number of the Week
  • US oil & gas dashboard
  • US horizontal rigs
  • Deepwater rigs

What's included

This report contains:

  • Document

    US upstream week in brief: LINN goes lean with two more asset sales

    PDF 4.57 MB