Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Copper Tip Energy Services
Vista Projects
Copper Tip Energy
Vista Projects


INFOGRAPHIC: Consolidation in the U.S. & Canadian Oil and Gas Industry – Energyminute


These translations are done via Google Translate

From Energyminute:  Visit their website: HERE

As oil prices collapsed during the pandemic, oil and gas companies looked to merge and consolidate to lower costs.
Consolidation spreads fixed costs across more barrels thus reducing the average cost of production.

GLJ
ROO.AI Oil and Gas Field Service Software

In terms of dollars spent, there was roughly 4x as much spent on consolidation in the United States than in Canada.



Share This:




More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE