UPDATE 1-As U.S. crude oil goes global, hedging goes local <!-- no image --> <div>* Producers Parsley and QEP hedged with WTI Houston basis swaps<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=tfSo13MPcwA:KioFBy_EvII:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=tfSo13MPcwA:KioFBy_EvII:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=tfSo13MPcwA:KioFBy_EvII:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=tfSo13MPcwA:KioFBy_EvII:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=tfSo13MPcwA:KioFBy_EvII:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/tfSo13MPcwA" height="1" width="1" alt=""></div> Posted by Reuters