US shale saw high levels of deal-making in Q2
Public E&Ps splash cash in US shale patch
Bullish gas projections are driving a strong resurgence in M&A activity
Deal-making in the US shale patch achieved its highest quarterly performance in two years in Q2, boosted by several big-name Permian mergers and increased confidence in gas prospects. Gas deals alone comprised 19pc of M&A value across the quarter—the highest share in a year—as the Henry Hub soared to levels not seen since late 2018. The Midland basin in the Permian was the most active play across Q2, with the $6.4bn takeover of Texas-based Doublepoint Energy by US independent Pioneer Natural Resources the main driver. Only the $9.3bn merger between Houston shale operator Cabot Oil & Gas and Denver-based Cimarex Energy topped the Midland deal, and again it had consolidating acreage w
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
