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Does US shale's latest merger signal end of Permian megadeals? (+) - Upstream Online

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Does US shale’s latest merger signal end of Permian megadeals? | Upstream

Does US shale’s latest merger signal end of Permian megadeals?

Diamondback's acquisition of Endeavor helps concentrate bulk of production among a half-dozen operators

Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

More informationabout ENERGY BASICS: petroleum