2020 Year In Review: 10 Trends That Reshaped The Oil & Gas Industry | Opportune LLP
To embed, copy and paste the code into your website or blog: In January, I mentioned 10 key oil and gas industry themes that I expected to be significant in 2020. Most of us are ready to put 2020 behind us, but let’s take a look back and see how those predictions played out. The Industry Has Fundamentally Changed – As expected, the “lease and flip” strategy contributed very little to the A&D market in 2020. Major deals were rationalized by “scaling up” in core areas, and most smaller deals were related to selling non-core assets or otherwise improving balance sheets through liquid...