The value of global oil and gas deals reached $85 billion during 3Q2010, but U.S. shale gas deals in the quarter lost the momentum from the first half of the year, according to a survey by Evaluate Energy Inc., which tracks global merger and acquisition (M&A) activity on a daily basis.
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ConocoPhillips Expects to Report Higher 4Q Production
ConocoPhillips said Thursday its 4Q2004 oil and natural gas production, including Syncrude, is expected to be 1.6 MMboe/d, and for the entire year, output will be 1.56 MMboe/d. Production was up worldwide in the final quarter, and the producer said it also benefited from higher crude oil, natural gas and midstream gas prices.
January 7, 2005