Epstein Secrets

f 0.5-1.0 million hhp could begin to be delivered in the first quarter. This has the ability to raise the completed/drilled ratio from 0.73 in the Permian and 0.86 in all other regions towards 0.95, and lifting productivity. This would be a reversal of the decline in completions since September 2016 w

• • • • 3 January 2018 HY Corporate Credit HY Multi Sector,Media, Cable & Satellite The pessimistic shift in US supply data is ending Although US supply has slowly and surely turned back to growth, the ext

ian. Woodmac expects Haynesville, which has seen a meaningful revival in its drilling program over the last year and associated gas production from Permian and Midcon to be other key contributors to FY 18 growth. Figure 17: EIA estimates for 2010 gas production YoY growth since Sep '17 7.0 62 6.0 s

January 2018 HY Corporate Credit HY Multi Sector,Media. Cable & Satellite Figure 16: Cumulative additional natural gas pipeline project capacity originating in the Northeast bi*on thin ttret opt

exchanges and debt reduction via asset sales. On the asset portfolio side, we saw many players implementing major overhauls - mainly a shift to the Permian by names like WPX, QEP and SM Energy. Others expanded their footprint in their core basins - not just established Permian players, but also compani

3 January 2018 HY Corporate Credit HY Multi Sector.Media. Cable & Satellite HY E&P approaching a "normal" sector in the new normal oil market In the first two years following the dramatic collapse