U.S. Merger Boom Could Slow Shale Production Growth
Some private oil producers in the Permian will hit the brakes on output growth as they have been acquired by large publicly-traded companies
Source: oilprice.com
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Oil production growth slows in the Permian following year of acquisitions
Oil production growth is set to slow in the Permian Basin as companies have used capital on acquisitions rather than on production expansion
Source: offshore-technology.com
Permian deal frenzy dims U.S. oil output growth prospects for 2024
The slowdown comes even as output cuts from OPEC+ have supported prices, giving an incentive for non-OPEC+ producers to pump more
Source: theglobeandmail.com
Oil lobbyist helps craft testimony for small producers
Two oil and gas operators used strikingly similar language in complaining about a new fee on methane emissions. They had help.
Source: eenews.net
Why Are Gas Prices so High? Because the US Fracking Boom Is Ending.
US fracking was key to building energy independence through the 2010s. But the boom is over, and the country needs oil now more than ever.
Source: businessinsider.com