U.S. shale executives anticipate more oil megadeals — some express concerns about consolidation

The wheel completes another turn. Shale brought innovation by the small fry that usually nobody looks at. Some of that small fry grew and were gobbled up by much bigger, but still not very large players bringing new capital, new possibilities on the market, and new marketing clout plus optimization. Then the super majors come in blowing the sector up with tons of project management capability pushed up by unlimited money and global scope. At every step, the market shakes out the unfit and creates a new available market share for the fit ones. Consolidation is part of this shakeout. It’s a good thing. 

U.S. shale executives anticipate more oil megadeals — some express concerns about consolidation

U.S. shale executives are bracing for more megadeals in the U.S. oil industry — and some fear the consequences of consolidation.

worldoil.com

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