Monday, February 10, 2025

Permian Land Rush is Over: Big Players will Now Gobble Up Smaller Ones

From the Houston Chronicle With the top acreage gobbled up, few companies are staking new claims. Instead, the industry is entering a new phase of consolidation that will likely drive small and mid-sized firms from the West Texas shale play as energy companies buy up competitors to expand holdings in the world’s hottest oil-producing region, analysts said. Since the bottom