By: Duane Donner
In this edition of Founders’ Oil & Gas Equipment and Services Market Insights Report, we discuss how constraints in the Permian have shifted drilling and production activity to other basins across the U.S.
With energy prices trading within a normalized range, drilling and production activity should continue to increase throughout the United States. The Permian basin has continued to be the most active basin in the world, which has driven oil and gas production to outstrip existing pipeline takeaway capacity, creating a $3-$8 discount for oil coming out of the Permian. This Market Insights Report will dive into the key metrics that highlight the recent impressive domestic growth in basins outside of the Permian.
Follow the link to read the Founders’ Oil & Gas Market Insights Report.
Founders Advisors (Founders) is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders’ focus is on oil and gas, SaaS/software, industrials, internet, healthcare, digital media and industrial technology companies located nationwide, as well as companies based in the Southeast across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders are licensed with M & A Securities Group, Inc. or Founders M&A Advisory, LLC, both members of member FINRA & SiPC. M&A Securities Group and Founders are unaffiliated entities. Founders M&A Advisory is a wholly-owned subsidiary of Founders.