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US Upstream week in brief: SRC expands DJ Basin footprint with US$608 million Noble deal
Report summary
We analyse a range of topics this week including: M&A activity, Permian well productivity gains, and a new ethane export deal with China announced by the Trump administration. What is the rationale behind the DJ Basin deal between SRC and Noble? How do Permian well productivity gains impact supply models? In addition, we provide a deep-dive into Total's entry into the top five largest LNG sellers after acquiring Engie's LNG portfolio. Finally, we analyse how the newly-announced ethane export deal with China could affect the next wave of US steamcracker capacity.
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Tables and charts
This report includes 3 images and tables including:
- US oil and gas dashboard
- Horizontal rig count stats
- Deepwater US GoM rigs
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