Insight

US upstream week in brief: Q2 2023 archive

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

The US week in brief report highlights the need-to-know events from US upstream. It is a rolling document, continuously updated with our own analysis and opinion on events impacting the sector. Coverage includes US onshore and Gulf of Mexico. Sources for the news stories include company press releases, industry events, press coverage, and our own modelling changes. The facts are presented, but more importantly we discuss implications for our modelling.

Table of contents

  • Are public Permian buyers all paying for inventory? It depends.
  • SM cuts costs, adds a rig and buys acreage
  • Well costs may keep increasing for some operators
  • EQT’s emissions reduction win
  • Civitas expands to the Permian
  • Does the Patterson-UTI and NexTier merger point to more OFS consolidation?
  • Earthstone continues consolidation march
  • Chart of the week: 2023 Hedging update
  • Chesapeake’s new emissions goals
  • Wyoming wakens to capital flows
  • Harbour and Talos in merger discussions – what are the drivers?
  • Another data point on Chevron’s other shales business
  • 14 more item(s)...

Tables and charts

This report includes the following images and tables:

  • PUD value as a percentage of total deal value
  • D&C cost trends - Delaware Wolfcamp example
  • Low and intermittent-bleed pneumatic device counts for selected operators (2021)
  • Time normalized production per lateral ft by operator
  • 2023 percent of production hedged vs hedging gain or loss/revenue
  • CHK's Pathway to GHG Intensity Goals
  • Operated Wyoming daily production (PureWest Energy)
  • Harvest cash flow model results
  • Khaleesi, Mormont and Samurai well production
  • Maximum peak oil rate
  • 14 more item(s)...

What's included

This report contains:

  • Document

    US upstream week in brief: Q2 2023 archive

    PDF 5.80 MB