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Oil and gas upstream M&A deal value hits highest first-quarter levels since 2017

Deals worth more than $55-billion have been announced in the first two months of 2024, according to analytics firm Enverus ....

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ExxonMobil weighs $1 billion sale of Argentine shale assets

Exxon received several offers for holdings in Argentina’s heralded Vaca Muerta formation in Patagonia earlier this month, according to people familiar with the matter. The assets, which comprise stakes it owns with QatarEnergy in seven oil-and-gas blocks in the shale patch as well as holdings in a pipeline, have been valued at around $1 billion, said the people, who declined to comment publicly on private talks. ....

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How the Western Hemisphere Became The Driver of Oil Production Growth

The growth in oil production in the Western Hemisphere actually captured all the growth in global oil demand in the decade 2012 through 2022. ....

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Oil's M&A Bonanza Continues as Chord Buys More Onshore U.S. Assets

It's the latest example of consolidation in the oil-and-gas industry. ....

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Vista Energy eyes ExxonMobil shale acquisition in Argentina's prolific Vaca Muerta región

Vista Energy, a top-three shale-oil producer in Argentina, is eyeing assets put up for sale by Exxon Mobil Corp. as it looks to accelerate growth in the country’s heralded Vaca Muerta formation. ....

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