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US Upstream week in brief: Permian growth hits growing pains
Report summary
As growth surges on, the Permian continues to face growing pains from takeaway capacity to water infrastructure and overwhelmed electricity grids. Elsewhere in the Permian, PT Petroleum is pushing the geographical limits of the Wolfcamp C bench. Also, Kimmeridge increases its stake in Carrizo Oil & Gas, and is asking the company to focus exclusively on the Permian. Further, California Resources picked up Chevron's Elk Hills stake. Lastly, we dive into the potential impact of direct Chinese tariffs on US crude.
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