, 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.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: OilandEnergy - 🏆 34. / 68 Read more »
Source: OilandEnergy - 🏆 34. / 68 Read more »
Energy bills: Take your energy meter readings this weekendThe average household in England, Wales and Scotland will pay £1,690 a year for their energy, a reduction of £238
Source: Glasgow_Times - 🏆 76. / 59 Read more »
Cost of living energy bills: What is the energy price cap?The £238 fall over the year equates to around £20 saved each month for the average household in England, Scotland and Wales
Source: Observer_Owl - 🏆 18. / 72 Read more »
Source: The Yorkshire Post - 🏆 39. / 66 Read more »