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2020 Year In Review: 10 Trends That Reshaped The Oil & Gas Industry | Opportune LLP


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In January, I mentioned 10 key oil and gas industry themes that I expected to be significant in 2020. Most of us are ready to put 2020 behind us, but let’s take a look back and see how those predictions played out.
The Industry Has Fundamentally Changed – As expected, the “lease and flip” strategy contributed very little to the A&D market in 2020. Major deals were rationalized by “scaling up” in core areas, and most smaller deals were related to selling non-core assets or otherwise improving balance sheets through liquidation (in and out of bankruptcy). ....

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