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Sichuan Basin tight gas unconventional play
Gas demand in China continues to grow, and while domestic gas production has increased, conventional sources will not be able to keep pace with sur...
US upstream week in brief: QEP's Pinedale propels Rockies tight gas sales to $5 billion in 2017
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 ...
US upstream week in brief: Shell makes a Whale of a discovery in Deepwater GoM
Shell confirmed it made first discovery in Western GoM in two years at the Whale (AC 772) prospect. We estimate the quick cycle time, coupled with ...
Oranje-Nassau grabs bargain as distressed Sterling Resources sells its UK business at a discount
Canadian-listed Sterling Resources has announced the sale of the UK arm of its business, for US$163 million. This is the third notable North Sea de...
QEP sells its Pinedale tight gas position to private equity for US$740 million
On 24 July 2017, QEP announced its divestiture of approximately 16,500 net acres in the Pinedale Anticline Field to Pinedale Energy Partners, an af...
Range Resources Corp acquires Memorial Resource Development
Since 2013, Range Resources has been paring down its non-Marcellus assets and increasingly focusing spending on that play. Although the company ret...
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