Brought to you by Oil Price   The first quarter of the year saw record-high oil and gas M&A activity in the U.S., with the value of deals topping US$73 billion – a whopping 160-percent annual increase and a record high. That’s what PwC reported, adding that most of these were in the upstream segment […]

There’s more recoverable oil in a part of West Texas than scientists previously thought. A new report from the U.S. Geological Survey is just the latest sign that the nation’s top oilfield will continue to attract drillers. Add it to the list of reasons people keep talking about “Permania” in the Permian Basin. 10 years ago, […]