Boom Expected in Upstream M&A

Expect a boom in upstream oil and gas mergers and acquisitions activity in the coming months. More than $50 billion in deals are now in play in the upstream sector in the United States alone.

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The Bakken shale play, along with the Utica, Eagle Ford and Delaware basin, together could account for more than half of the upcoming M&A activity, according to DrillingInfo.

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