Third Major Deal in Energy Sector Announced

Author: Matt Reese   Date:
a infographic of Top US shale companies by operated production.

United States shale oil producer CrownRock has agreed to be purchased by Occidental Petroleum in a stock and cash deal valued at $12 billion dollars.  CrownRock is a major privately held energy producer that operates in the Permian Basin.  This deal expands Occidental Petroleum’s presence in the largest shale oilfield in the United States.  The […]

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Oil & Gas Production in the Permian

Author: Matt Reese   Date:

The second quarter of 2022 revealed that oil and gas production in the Permian Basin has exhibited no signs of slowing down production.  Nearly half of all oil investments conducted between April and June came from the Permian.  The Permian Basin is in West Texas and the adjoining area of southeastern New Mexico.  It covers […]

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