Humanity matters, capitalism needs an upgrade
The COVID-19 vaccine crisis is an opportune time when companies must rethink the purpose behind their existence
Stay updated with breaking news from Private Producers. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The COVID-19 vaccine crisis is an opportune time when companies must rethink the purpose behind their existence
(Bloomberg) -- The battered and bruised U.S. shale industry is finding a resurgence in one of the most unlikely places: private operators most investors have never heard of.Take the case of little known, closely held DoublePoint Energy. It’s now running more rigs in the Permian Basin than giant Chevron Corp. Meanwhile, family-owned Mewbourne Oil Co. has about the same number of rigs as Exxon Mobil Corp.That’s emblematic of what’s happening across the industry. Once minor players, private drillers held half the share of the horizontal rig count as of December. It’s t...