2021 Oil and Gas M&A Outlook: Consolidation Through the Price Cycle
2021 oil and gas M&A outlook: Consolidation through the price cycle Contents
Executive summary 1 COVID-19 undermined market fundamentals in 2020 3 2020 M&A sector by segment 7 Four trends for 2021 13 Toward a brighter future 20 Endnotes 21 Lets talk 23
Methodology
Deloitte’s 2021 oil and gas M&A outlook leverages Enverus’s global M&A database, updated on January 6, 2021. The data includes all reported 2020 upstream, OFS, midstream, and downstream transactions valued at more than $10 million, excluding those between related parties and government lease sales and licensing. Sector Deals
Deals down year on year Sector Deals 258 deals 433 deals in 2020 in 2019
Deals down year on year 218 B 347 B 258 deals 433 deals in 2020 in 2019
Sector10 Largest Deals Global Deals 218 B 2021 oil and gas M&A