Rising oil prices are encouraging U.S. shale producers to put up for sale non-core assets to streamline operations and reduce debt. Property sales have accelerated this year as exploration and production companies now look to develop and hold assets that would boost their cash flow generation instead of production volumes, as was the mantra before the 2020 crisis. Since the start of the year, producers and private equity firms have been selling acreage across the U.S. shale patch to another group of producers willing to complement their portfolios with adjacent property, which would allow them to expand operations at lower costs. Several deals have been announced in recent months. More are coming, analysts say. According to industry sources and investment bankers who spoke to Reuters ’ David French, companies have already put up for sale or are getting ready to market property worth a total of over $12 billion […]