U.S. upstream M&A declines in Q2, but Permian demand remains robust
August 6, 2026
(World Oil) — U.S. upstream mergers and acquisitions slowed sharply in the second quarter as crude price volatility complicated deal valuations, but competition for premium Permian basin inventory remained strong and activity is expected to accelerate later this year, according to Enverus Intelligence Research (EIR). Total upstream M&A reached $9.1 billion during the quarter, down 76% from the first quarter and 33% from a
