M&A heats up in uS shale from lower costs

摘要

Houston-Mergers and acquisitions in the US upstream shale have kicked off big in the last few months and are expected to continue at a steady pace, chipping away at production costs, which my incentivize more output, several investment bankers said this week. And future deals may not be confined to just the most sizzling plays such as the Permian and Oklahoma’s STACK, because technological efficiencies generally in the upstream sector in the last couple of years may make other areas more alluring, bankers said at the 2016 Deloitte Oil & Gas Conference Wednesday.