Chevron's Duvernay Sale Seen Attracting Mid-sized Canadian Shale Operators

As Chevron Corp. markets its Duvernay shale assets, the U.S. oil major is most likely to find a buyer among a handful of mid-sized Canadian firms looking to capitalize on the region.  

4Q Deal-Making Was $144B; What’s Next?

U.S. takeout targets are few now. Operators may go abroad to add reserves, according to Enverus. Private E&Ps may pick up offshoots from portfolio pruning.

Lathrop Survey: Oil Execs Favor Diversifying

Fewer companies expect to increase oil and gas production this year as many turn to renewables for growth opportunities.

EY: What to Watch for in 2024: Emissions, Ops, M&A

Expect E&Ps to engage in more strategic consolidation, place more emphasis on carbon markets and attempt to get ahead of the SEC’s guidance on emissions reporting.

Production from Canada’s Montney, Duvernay Gains Momentum

The dust has settled on acquisitions, and the leading players have publicized five-year plans that demonstrate a commitment to increasing production from Canada’s premier shale plays.

Varnado, Pharis: Navigating the Royalties Legal Landscape

With outside pressures expanding potential liabilities across the energy industry, producers need to understand the current royalty litigation landscape. 

Deckelbaum: US Shale Landscape Taking on New Shape Through M&A

In 2023, majors Chevron and Exxon Mobil took four public names off the board—Pioneer Natural Resources, Denbury, PDC Energy and Hess Corp.— using all-equity takeout mechanisms with scant premiums.

After Record Year, Permian Basin Set for Even More M&A in 2024

The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.

Big Oil Enters 2024 Strengthened by Shale M&A

Following M&A in 2023, four companies are now positioned to control about 58% of future production in the Permian Basin.

Fury Road: Will $450MM Battalion M&A Fuel More Go-private Deals?

Delaware Basin E&P Battalion Oil is being acquired in a go-private transaction by a newly formed E&P Fury Resources. Could go-private sales become more common for small E&Ps with limited runway in the public markets?