Shale Merger Mania Heats Up Amid Falling Rig Counts
A pair of big new deals in the span of a week show momentum for M&A deals in U.S. shale heating up again.
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A pair of big new deals in the span of a week show momentum for M&A deals in U.S. shale heating up again.
The U.S. oil and gas rig count continues to decline this week, but drillers did not remove drilling rigs from the Permian basin
Crude prices rose on Tuesday and in overnight trading despite seemingly bearish economic news from China, the world's largest importer of oil.
The number of active oil rigs continued to decline this week while the WTI crude benchmark is holding firm above $83 per barrel
The U.S. rig count saw a small dip this week despite the growing bullish sentiment in oil markets