Without doubt, 2015 has been tough on A&D so far

摘要

Anyone who doubted that shale oil and gas assets are the real deal is slinking away by now. Even with 1,000 rigs mothballed in the U.S. since 2014, the U.S. is estimated to produce 800,000 more oil barrels per day in 2015. The validation is rewarding. It's also hurting transactions. U.S. crude supply is up by nearly 80 million barrels since January. With so much supply, oil demand and price have plummeted.