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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:
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