The value of US oil and natural gas exploration and production deals totaled $3.4 billion in the first quarter, up from $600 million the same period last year, Enverus reported. Enverus senior analyst Andrew Dittmar expects mergers and acquisitions activity to continue to pick up as private operators show increased openness to dealmaking.
Sign up for API SmartBrief
Oil and natural gas industry news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.