Pipeline constraints could open M&A opportunities in Permian

A recently released report by Drillinginfo, an energy software-as-a-service and data analystics company, forecasts a significant upswing in upstream oil and gas mergers and acquisitions in the second half of the year.

In the Permian Basin, pipeline capacity restraints that are keeping crude production from reaching market could be a factor in that increase.

“We are watching the players in the Permian closely and we expect the market will differentiate between the players with firm commitments on pipelines and those that do not,” said Brian Lidsky, Drillinginfo senior director. “I wouldn’t be surprised to see opportunities to merge between players due to whether a company has firm commitment or not”…


Click Here For Remainder of Article 

Posted in: Daily News

About the Author:

Post a Comment