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US upstream week in brief: Lonestar doubles down on Eagle Ford

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Report summary

Lonestar Resources acquired 21,238 net acres across the Black Oil and Karnes Trough sub-plays last week, bringing total Eagle Ford acreage to nearly 60,000 net acres. Offset operators, such as Sanchez, have signalled their intent to divest non-core acreage and could provide additional buying opportunities in the future. The Eagle Ford has seen a surge in rig activity as operators have resumed production growth by drilling new wells and completing DUC inventories. Also discussed this week are the Ensco acquisition of Atwood Oceanics for $800 million, the BP Haynesville program, and first oil on Dakota Access pipeline.

What's included

This report contains

  • Document

    US upstream week in brief: Lonestar doubles down on Eagle Ford

    PDF 4.14 MB

Table of contents

  • Top stories of the week
  • Upcoming events

Tables and charts

This report includes 7 images and tables including:

Images

  • 6-month cumulative production by operator
  • 2016-17 permitted wells by operator
  • Dakota Access Pipeline vs Crude by rail
  • Number of the week
  • US oil & gas dashboard
  • Horizontal rig count stats
  • Deepwater GoM rigs

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