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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 ...
US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger
Schlumberger and Halliburton both post double-digit North America onshore growth figures for the quarter but international activity was a drag on o...
US Upstream week in brief: US crude exports poised to accelerate as Brent-WTI spread hits two-year high
As the Gulf Coast continues to recover from the aftermath of Hurricane Harvey, the Brent-WTI differential has risen to ~$6/bbl, its widest level si...
US Upstream week in brief: Wild week in the Eagle Ford
Wildhorse Resource Development announced the acquisition of 111,000 net acres from Anadarko and KKR for $625 million. The acreage is located in our...
US Upstream: Five things to look for in 2017
2016 was yet another tumultuous year for the upstream oil and gas industry. WTI prices hovered near $45/bbl in H2 after bottoming out at $26/bbl in...
Venezuela Maturin exploration basin
Nearly 51 billion barrels of recoverable oil have been discovered to date in Venezuela's mature Maturin basin. Finds by PDVSA in the early 2000s an...
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