http://www.worldoil.com WorldOil Executive orders would give Biden options to limit oil and gas production https://www.worldoil.com/news/2020/10/22/executive-orders-would-give-biden-options-to-limit-oil-and-gas-production There are several ways Biden could halt fracking on federal lands using executive power. He could ban new oil and gas leases, halt new permits, or seek a specific regulatory ban on fracking, all of which Biden has telegraphed at one point or another on the campaign trail. U.S. shale mergers reshuffle the oil production landscape https://www.worldoil.com/news/2020/10/21/us-shale-mergers-reshuffle-the-oil-production-landscape “There’s only going to be three or four independents that are investable by shareholders” after the recent market rout, Pioneer CEO Scott Sheffield said on a conference call with analysts. “The best companies have been picked off the past few weeks.” Pioneer Natural Resources merger deal could see father-son conflict challenge https://www.worldoil.com/news/2020/10/20/pioneer-natural-resources-merger-deal-could-see-father-son-conflict-challenge Pioneer Natural Resources Co. is in discussions to buy rival Parsley Energy Inc. in an all-stock deal that could be finalized by the end of the month, according to a person familiar with the matter. Pioneer is run by Scott Sheffield, while his son Bryan is Parsley’s founder and chairman. Recent deals reveal a buyer’s market for shale operators https://www.worldoil.com/news/2020/10/20/recent-deals-reveal-a-buyer-s-market-for-shale-operators Concho Resources Inc., an early explorer of the Permian basin’s once-coveted oil riches that was worth $32 billion just two years ago, is selling for $9.7 billion in stock. ConocoPhillips is paying a meager 15% premium over Concho’s closing price on Oct. 13, the last trading session before Bloomberg News first reported the companies were in talks. Halliburton CEO sees a rebound coming for U.S. shale drilling https://www.worldoil.com/news/2020/10/19/halliburton-ceo-sees-a-rebound-coming-for-us-shale-drilling “The pace of activity declines in the international markets is slowing, while the North America industry structure continues to improve, and activity is stabilizing,” Halliburton CEO Jeff Miller said in a statement. Conoco agrees to $9.7 billion Concho Resources purchase https://www.worldoil.com/news/2020/10/19/conoco-agrees-to-97-billion-concho-resources-purchase The combination Conoco and Concho will be one of the dominant operators in the Permian Basin of West Texas and New Mexico, rivaling only the likes of Occidental Petroleum Corp. and Chevron Corp. in terms of crude output. Shale producers Devon Energy and WPX merge in all-stock deal https://www.worldoil.com/news/2020/9/28/shale-producers-devon-energy-and-wpx-merge-in-all-stock-deal The combination will create one of the biggest independent shale producers in the country, tying together two companies with sizable operations in the hottest part of the prolific Permian Basin, which straddles West Texas and southeastern New Mexico. Political moves, both current and projected, are placing outsized influence on U.S. and Canadian oil markets https://www.worldoil.com/news/2020/9/25/political-moves-both-current-and-projected-are-placing-outsized-influence-on-us-and-canadian-oil-markets While Canada's leaders promise measures to protect oilfield livelihoods, shale drillers in the U.S. are working to minimize the impacts of a potential Biden victory. New Mexico shale drillers brace for impact of a possible Joe Biden victory https://www.worldoil.com/news/2020/9/25/new-mexico-shale-drillers-brace-for-impact-of-a-possible-joe-biden-victory The Permian in New Mexico, unlike in Texas, lies largely on federal land. And Biden, the Democratic candidate for president, has promised to ban new fracing on federal land on “day one” if elected. As U.S. drilling plummets to 122-year low, losses may intensify in second half https://www.worldoil.com/magazine/2020/september-2020/global-mid-year-forecast/as-us-drilling-plummets-to-122-year-low-losses-may-intensify-in-second-half The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.