Devon Energy Is Looking to Follow in the Footsteps of ExxonMobil
The oil and gas company is contemplating a merger to increase its scale.
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The oil and gas company is contemplating a merger to increase its scale.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Shale companies turn to mergers to address reserve replacement challenges, with Pioneer Natural Resources and Devon Energy leading the way.
Permian Basin oil production is declining due to the decline in quality acreage, indicating an upcoming inflection point in production and implications for investors.
Article - HVS Report - Eagle Ford Shale: Recent Upticks in Production and Lodging Performance - By David R. Bone - The Eagle Ford Shale, America's second-largest shale field, has faced rising costs, a frenzy of mergers and acquisitions, and recessionary concerns since late 2022. Nevertheless, natural gas and oil production, as well as hotel performance and transactions, have increased in the market.