As a wave of large-scale M&A sweeps over the U.S. shale sector, rumors are swirling that Marathon Oil is looking at acquisitions, but CEO Lee Tillman sees no need to rush into a deal.
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Article - HVS Report - Eagle Ford Shale: Recent Upticks in Production and Lodging Performance - By David R. Bone - The Eagle Ford Shale, America s second-largest shale field, has faced rising costs, a frenzy of mergers and acquisitions, and recessionary concerns since late 2022. Nevertheless, natural gas and oil production, as well as hotel performance and transactions, have increased in the market.
The Eagle Ford Shale market has faced rising costs, a frenzy of mergers and acquisitions, and recessionary concerns since late 2022. Nevertheless, drilling activity within the area has become profitable again for most oil and gas operators and lodging properties that house oilfield workers.