Along with the merger earlier this year of Concho Resources and RSP Permian, Diamondback’s latest moves signal a clear shift in the US shale industry towards consolidation as players seek operational and capital efficiencies.
Wood Mackenzie's Australasia upstream senior analyst Daniel Toleman shares his thoughts on the recent Dorado discovery in western Australia and what this might been for operators Quadrant and Carnavon, and for the upstream industry in Australia.