US E&Ps and the majors are moving into unconventional plays in Azerbaijan, Turkey, the Mideast and Australia as they seek more short-cycle, high-return assets.
As geological headwinds increase at home, top independent US E&Ps EOG Resources and Continental Resources as well as upstart Tamboran Resources are deploying their fracking expertise overseas.
Bigger US companies, notably Exxon Mobil, Chevron and ConocoPhillips, have previously led the development of unconventional assets abroad, including in Argentina and Australia.
The Issue
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