Permania! Why M&A in the Permian Basin is at fever pitch

The Permian Basin has attracted nearly one-quarter of global M&A spend 2016. No tight oil play has ever seen such a constant buzz of activity. So how did US$20 billion in deals happen in a down market?

Permian tight oil has presented a unique attraction to investors: breakevens as low as US$40 per barrel, stacked pay potential, large volumes, upwardly trending well economics and the flexibility to adapt to a changing market. A deep pool of well-funded buyers and a notable amount of private equity sellers have made Permian tight oil the world’s most liquid upstream M&A market.

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It’s not too late — or too expensive — to invest in the Permian. To learn more about deal economics and to receive updates on our upstream US Lower 48 analysis, please share your details below.

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