Oil and Gas Have Room to Grow in Canada, But Potential Pitfalls Ahead
Regulatory issues, inflation and takeaway capacity could hold up projects, while Bay du Nord could breathe new life into Canada’s struggling offshore sector.
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Regulatory issues, inflation and takeaway capacity could hold up projects, while Bay du Nord could breathe new life into Canada’s struggling offshore sector.
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
Junior producer Saturn Oil & Gas Inc. snapped up Ridgeback Resources Inc. for $525 million in the first major deal of the year.
/PRNewswire/ -- Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, is releasing its summary of 4Q22...
Oil production in South Texas, home of the second largest U.S.