Permian Basin Dominates US Energy M&A Activity in Q1

, with much of the activity centered around the Permian Basin in West Texas and New Mexico. As energy companies seek to expand their drilling inventories, the Permian's reputation for high-quality drilling prospects and relatively low break-even costs of around $64 per barrel continues to attract significant investment.

4 billion acquisition of Southwestern Energy, as they consolidate holdings in key shale fields. Despite the regulatory challenges, the number of deals increased to 27 in the first quarter, compared to 20 in the same period last year, with 60% of the transactions by value occurring in the Permian.

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