Three themes are expected in the US shale business: better-than-expected growth, the M&A spree is not over, and gas output in the Permian to keep rising.
December 31, 2023
In 2023, the Permian Basin has witnessed an unprecedented surge in mergers and acquisitions, surpassing a historic $100B in total value.
December 16, 2023
A major US independent producer is engaged in discussions to acquire CrownRock, a prominent oil and gas producer in the Permian Basin, marking a significant development in the consolidation trend within the shale industry.
December 03, 2023
After the significant mergers of ExxonMobil with Pioneer Natural Resources and Chevron with Hess, attention has shifted to potential takeover targets in the US shale sector.
November 26, 2023
November 20, 2023
Saudi Arabian major producer has achieved a significant milestone by initiating unconventional tight gas production from its South Ghawar operational area in the country, surpassing expectations with production starting two months ahead of schedule.
November 20, 2023
Recent estimates from the Energy Information Administration (EIA) indicate a surprising surge in oil production in the Permian Basin, despite previous forecasts of declines.
November 19, 2023
Recent reports indicate that alternative indicators in the U.S. shale sector continue to exhibit resilience, countering a decline in the overall rig count.
November 12, 2023
US energy major's head of crude supply and trading, Patti Leigh, recently addressed the Argus European Crude Conference, shedding light on the natural progression of consolidation in the U.S. Permian basin.
November 12, 2023
US energy major has launched a tender for a $75MM project to construct a pipeline in Argentina, specifically targeting the Vaca Muerta shale play.
November 12, 2023
