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Industry Briefs |
M&A activity contracts in Q1 as natural gas deals dry upThe value of deals announced in the global oil and gas industry reached $33 billion during the first quarter of 2012, according to Eoin Coyne of London-based Evaluate Energy, which tracks worldwide mergers and acquisitions. |
Upstream News |
Energy Players |
Majors and foreign oil companies drawn to liquids-rich Eagle FordOne of the most sought-after assets in North America these days is the liquids-rich portion of the Eagle Ford shale play in South Texas. |
Niobrara's true potential will take time to evaluateThe Niobrara formation, sometimes called the Niobrara Chalk, has emerged as the second-hottest liquids-rich play in the Rockies after the Bakken Shale of North Dakota, Montana, and parts of several Canadian provinces. |
Upstream News |
Permian Basin benefits from shift to more lucrative liquids-rich plays
With oil prices hovering around $90 to $100 a barrel and new technologies for extracting hydrocarbons, the prolific Permian Basin of West Texas and Southeastern New Mexico is enjoying a renaissance.
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