Still busy: the Permian basin remains the hottest region in the US for oil and gas merger and acquisition activity Photo: REUTERS

US oil and gas M&A activity dropped in second quarter, but opportunities remain

Private companies are seeing a sale as 'the main exit route'

14 July 2022 20:56 GMT Updated 15 July 2022 7:31 GMT

in Houston

US oil and gas merger and acquisition activity declined in the second quarter, according to Enverus Intelligence Research.

The energy sector research firm said on Thursday that second quarter 2022 M&A activity in the second quarter totaled $12 billion, compared to $14.7

Upstream is part of DN Media Group. To read more about DN Media Group, click here

Shale