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Occidental spends US$2 billion in the Permian
On 31 October 2016, Occidental Petroleum Corporation (Oxy) announced it had acquired producing and non-producing leasehold acreage in the Permian B...
North Sea H1 2017: back to business
After a turbulent couple of years, there is light at the end of the tunnel for the North Sea. 2017 will be an important year for getting back to bu...
US tight oil’s uncharacteristic response to rising prices
Many doubted tight oil’s ability to show restraint. But after a hard reset in 2020, the sector has resisted the temptation to grow, even with the a...
US Upstream week in brief: 29 June 2016
Brexit shocks the system. Court overturns first-ever federal hydraulic fracturing regulations one year after their release. Abrupt refinery sale of...
US Upstream week in brief: EOG unveils new assets, including 50,000 net acre SCOOP position
We continue to analyze Q3 earnings reports, as EOG and Murphy Oil announce entries into the SCOOP and Permian, respectively. What can be expected f...
US upstream week in brief: EQT stocks the storehouse with Rice Energy deal
On 19 June 2017, EQT announced it will acquire Rice Energy for a total consideration of $8.1 billion. EQT will purchase all outstanding Rice shares...
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