Tag Archives: scale

On the heels of yet another combination of public E&P operators this morning (PDC Energy and SRC Energy), we spent some time thinking about the expansion, peak and contraction of the public E&P universe. There’s a lot more to this story… Login to see the full update…  To read this …

There’s a new thread over in our members-only discussion forum. In it we question whether the big Permian M&A deal this week marks the start of a push for scale. There’s a lot more to this story… Login to see the full update…  To read this update and receive our …

Experienced E&P strategist Paul Sparks has been thinking about the future of what today is a highly fragmented E&P industry. As the US unconventional business matures, will it always be run by 50+ public Independents and hundreds of smaller privates? Or is mass consolidation the future? History and some of …

Yesterday morning, EQT consolidated the Marcellus Shale by acquiring Rice Energy for $6.7bn in a deal that creates the largest natural gas producer (>3Bcfpd) in the US.  The deal is expected to close in 4Q17. The combination and new strategic direction for the combined operator has material implications for the …

Tuesday was a day of dichotomy for the notion of operational scale in offshore drilling. Even as one drilling contractor paid penance for scale bought long ago, two others ignited the next round of consolidation, extolling the virtues of operational scale in this disaggregated sector. Taken together, these two news items …