Oil and Gas Dealmaking Outlook: M&A Gone Mild
In a market environment where buyers and sellers are at odds over price and the public market is openly hostile to deals, E&P shoppers may sit out an uncertain 2020.
April 1, 2020
A&D Trends: Oil Industry Money Trouble
Lately, M&A is a mess. Oil and gas market dysfunction swirls as buyers hunt for PDP assets with discounts of PV-20 or higher on their minds.
April 1, 2020
Small, Midsize Oil Producers Left Out of Stimulus Bill
The U.S. Department of Energy has withdrawn a solicitation to purchase oil for the Strategic Petroleum Reserve citing a lack of certainty around funding.
March 26, 2020
Trump Admin to Buy Oil Despite Exclusion from Stimulus Bill
Small and midsize oil producers are the focus of the initial purchases. Buyers with fewer than 5,000 employees are eligible to submit proposals.
March 25, 2020
Powder River Basin: In the Zone
E&Ps, some for the first time in years, are returning to what’s always been considered the hinge point for the Powder River Basin: the Niobrara Formation.
March 24, 2020
A&D Trends: Cash Incinerator
Just a couple of months into the year, M&A for the upstream oil and gas sector already looks to be in for a rough 2016. You remember 2016.
March 23, 2020
Rig Counts Begin Falling As Shale Operators Cut Billions In Spending
Survival mode has returned to the oil and gas sector, Wood Mackenzie says.
March 20, 2020
Alaska Oil: Polar Regress
Even with giant deals, massive oil discoveries and a move west of its legacy fields, Alaska begins 2020 looking to pick up the slack from production declines, debt and the threat of higher taxes.
February 25, 2020
Recap: NAPE Crowds ‘Resilient’ Through Tough A&D Times
This year’s NAPE Summit buzzed with a “resilient spirit” despite the fog of tough A&D times for upstream oil and gas dealmakers.
February 14, 2020
A&D Trends: ‘Times Have Changed’
Centennial Resource Development Inc.’s CEO Mark Papa says he expects shale production to grow by just 400,000 barrels per day in 2020.
February 13, 2020