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US Upstream week in brief: Noble bids farewell to Northeast gas
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Report summary
Noble Energy announced plans to exit its Northeast position in West Virginia and Pennsylvania this week. The buyer was undisclosed but agreed to pay $1.225 billion with almost 10% of the payment contingent upon strong Dominion South prices through 2020. Our Well Analysis Tool provides insight into potential nearby buyers. We view the deal as positive for Noble, especially after the Clayton Williams acquisition. Other stories covered this week include: QEP touts successful Haynesville Re-fracs in earnings presentation Centennial Resources announces Northern Delaware Basin entry for $350 million Southwestern Energy betting on Arkansas' Moorefield Shale
Table of contents
- Top stories of the week
- Upcoming events
- Number of the week
- US oil & gas dashboard
Tables and charts
This report includes 9 images and tables including:
- US Upstream week in brief: Noble bids farewell to Northeast gas: Image 2
- Southwestern's Fayetteville wells to date – EUR vs. Lateral Length (non-normalized)
- US Upstream week in brief: Noble bids farewell to Northeast gas: Image 4
- US Upstream week in brief: Noble bids farewell to Northeast gas: Image 5
- US Upstream week in brief: Noble bids farewell to Northeast gas: Image 6
- US Upstream week in brief: Noble bids farewell to Northeast gas: Image 7
- US Upstream week in brief: Noble bids farewell to Northeast gas: Image 8
- Horizontal rig count stats and deep water rigs
- US Upstream week in brief: Noble bids farewell to Northeast gas: Image 10
What's included
This report contains:
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