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Hart Energy Announces E&P's '40 Under Forty' Honorees for 2021 News provided by Share this article Share this article HOUSTON, May 4, 2021 /PRNewswire/ -- Hart Energy proudly announces the honorees for E&P's 2021 "40 Under Forty" recognition program for technology innovators. Those being honored range from engineers to company founders, from sales representatives to chief scientists, and they represent a broad array of organizations, from oil and gas producers, service companies and technology providers to industry associations. Qualified individuals who demonstrated workplace leadership ...

Enverus, the leading energy SaaS and data analytics company, has released its summary of 1Q21 U.S. upstream M&A activity. The report shows $3.4 billion in deal value was transacted during the quarter - an 88% decline from 4Q20. This is the third year in a row U.S. activity has started slow.

Oil & Gas Deal Value Falls 88% In 1Q21 To $3.4B Despite decline, Pioneer’s historic DoublePoint buy has Q2 off to a strong start Enverus, the leading energy SaaS and data analytics company, has released its summary of 1Q21 U.S. upstream M&A activity. The report shows $3.4B in deal value was transacted during the quarter — an 88% decline from 4Q20. This is the third year in a row U.S. activity has started slow. Deals rallied in 2019 and 2020, and in 2Q21, activity has picked up with Pioneer Natural Resources’ $6.4B buyout of privately held DoublePoint Energy. Q1 deal activity largely foc...

U.S. Oil, Gas M&A Activity Sinks in 1Q2021, but Signs of Momentum Ahead, Enverus Says Consolidation in the U.S. upstream sector slowed to a relative crawl in the first quarter after rallying late in 2020. But there have been signs of increased activity in April and potential catalysts for more deals as the year wears on, according to an Enverus analysis. The oil and gas analytics company’s summary of 1Q2021 merger and acquisition (M&A) activity showed $3.4 billion in deal value announced, an 88% drop from the final quarter of 2020. There were a total of 25 deals announced in the quarter, do...

Share this article Share this article AUSTIN, Texas, April 8, 2021 /PRNewswire/ -- Enverus, the leading energy SaaS company, has released its summary of 1Q21 U.S. upstream M&A activity. The report shows $3.4 billion in deal value was transacted — an 88% decline from 4Q20. This is the third year in a row U.S. activity has started slow. Q1 deal activity largely focused on production-heavy assets in legacy oil plays. Combined, the Bakken and Eagle Ford accounted for two-thirds of deal value. A strong rally in crude oil prices improving cash flow from these more developed areas likely helped s...