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Oil Production

Oil pump jacks in Midland, Texas

Shale Executives See Takeovers Squeezing U.S. Oil Production

Shale explorers are being closely watched by the OPEC+ alliance for any supply impacts from the recent wave of acquisitions.

June 26, 2024

Occidental to Buy Oil Driller CrownRock for $10.8B

CrownRock is backed by Lime Rock Partners and produces about 150,000 barrels of oil equivalent per day.

December 11, 2023

Vitol Explores $3B Sale of U.S. Shale Producer VTX Energy Partners

A sale would continue the wave of Permian Basin dealmaking.

March 27, 2025