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Energy & Infrastructure Insight - Issue 4

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S H E A R M A N & S T E R L I N G L L P | 4 3 INSIGHTS The current landscape of unconventional "shale" oil and gas in the United States is filled with both opportunities and pitfalls. A confluence of events developing out of 2020 continues to impact the industry: a Russian-Saudi price war; the ongoing COVID-19 pandemic; the energy transition; and continuing ESG market concerns. Continued overleaf Energy Transition: Opportunities and Impacts on Unconventional Oil and Gas Development in the United States BY JEREMY KENNEDY AND R. COLESON BRUCE

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