Oil & Gas

July 12, 2024

Just Released | 2Q24 Exploration & Production Newsletter

Region Focus: Permian

Mercer Capital’s Value Focus: Exploration & Production newsletter provides an overview of the industry through supply and demand analysis, commodity pricing, and public market performance. In addition, each issue of this quarterly newsletter focuses on a region, including Eagle Ford, Permian, Appalachia, and Haynesville, examining general economic and industry trends. In this quarter's issue, we focus on the Permian. Permian production growth over the past year was a positive outlier among the four basins covered in our analysis, with Eagle Ford, Appalachia, and Haynesville all posting production declines (albeit Appalachia’s decline being insignificant at 0.3%). While showing typical reactions to global and national energy economic forces, commodity prices ended the period modestly improved. Rig count declines were greater than production declines, partly due to the continuation of the recent trend in DUC count declines – particularly in the Eagle Ford. Read more about the Permian and other industry analyses in this quarter's issue.

Exploration & Production Newsletter

Region Focus: Permian

Also in the newsletter:

  • Oil and Gas Commodity Price Update

  • Macro Update

  • Industry M&A Activity

  • Public Company Performance

  • Production Update

  • Rig Counts

Download Newsletter

Continue Reading

Eagle Ford: Steady as She Goes in a Year That Wasn’t
Eagle Ford: Steady as She Goes in a Year That Wasn’t
Eagle Ford maintained stable production despite declining rig counts, reflecting basin maturity and disciplined capital investment. Commodity price volatility, particularly driven by geopolitical events, played a key role in shaping recent performance and outlook.
Eagle Ford Shale M&A Update
Eagle Ford Shale M&A Update
Eagle Ford M&A activity remains limited, driven by basin maturity, capital discipline, and competition from higher-return regions like the Permian. Transaction activity is expected to stay selective, with incremental deals tied to portfolio optimization and divestitures.
Pooling and Unitization: Understanding the Impact on Mineral Interest Value
Pooling and Unitization: Understanding the Impact on Mineral Interest Value
Pooling and unitization determine how production and revenue are allocated across mineral interests, directly impacting royalty income and valuation. Understanding these concepts is essential for accurately assessing both current cash flow and long-term asset value.

Cart

Your cart is empty