Insight
US upstream week in brief: QEP's Pinedale propels Rockies tight gas sales to $5 billion in 2017
Report summary
The M&A market for Rockies tight gas accelerates in 2017 with approximately $5 billion in activity as QEP Resources sells out of the Pinedale. The company sold off its remaining southern Wyoming assets in a $778 million deal and now redirects its attention on paying down debt and growing its footprint in the Permian Midland. Halliburton cites proppant trends in Q2 2017 earnings. Plains All American expands pipeline capacity in Delaware Basin. Anadarko cuts capex guidance in Q2 2017 earnings. Wood Mackenzie takeaways from Unconventional Resources Technology Conference
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