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As the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world

Kimmeridge activist investment firm eyes Canadian producers and new LNG projects.

The article from Fortune discusses the dynamics of the North American natural gas market, highlighting the slowdown in production from the Permian Basin and the rising output from Canada's Montney and Duvernay shale formations. The Permian Basin, a key U.S. shale region, is experiencing a decline in natural gas production due to companies focusing more on oil extraction, which has led to a decrease in associated gas output. Conversely, Canada is seeing an increase in shale gas production, particularly from the Montney and Duvernay plays, driven by technological advancements and favorable market conditions. This shift is impacting the overall supply and pricing of natural gas in North America, with Canadian gas increasingly filling the gap left by the Permian's slowdown.

Read the Full Fortune Article at:
https://fortune.com/article/permian-slows-canada-rise-shale-gas/