What are the opportunities, and can they compete with U.S. onshore?
Alasdair Green, Callum Gray and Josh Sherman, Contributors
Private markets, particularly in private-equity (PE) investments, are growing globally. Following the 2014 to 2016 oil and gas industry downturn, we now have returned to a more stabilized market—and this time with more advanced technology than ever before.
The U.S. PE market leads the world both in terms of size and growth, deploying billions of dollars in 2017 and 2018 to increase domestic shale production and improve takeaway capacity for delivery to the U.S. Gulf Coast’s refineries and export facilities. This is contributing to the rejuvenation of U.S. onshore production, so much so that the U.S. is now the world’s leading crude oil producer.