The Permian basin continues to lead domestic crude production growth
Permian consolidation defies headwinds
Surging profits and easy access to export markets are accelerating M&A activity, despite growing inflationary pressure
The Permian basin stands out as a bright spot for US shale consolidation, in contrast to the overall slowdown seen in M&A activity in the sector in the first half of the year. The basin continues to lead domestic crude production growth, and E&Ps backed by private equity (PE) have been eager to cash out. The Permian accounted for almost half of US upstream deal value in the second quarter, according to research firm Enverus. And the c.$4bn takeover of Midland-based independent Colgate Energy Partners III was the single-largest transaction and turned fellow indie Centennial Resource Development into the biggest pureplay firm in the Delaware basin. Appetite for Permian acreage also loo
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
