A&D DEAL SHEET |
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| Sector | Date Announced | Buyer | Seller | Value (US$MM) | Comments |
| E&P | 4/4/2023 | Tailwater E&P LLC; Tailwater Capital | N/A | N/A |
To acquire royalty and mineral interests on 1,877 net acres in the Eagle Ford, Haynesville and Permian Basin. |
| S&S | 4/03/2023 | Liberty Energy Inc. | Siren Energy | $78 |
Acquired Siren's integrated natural gas compression and CNG delivery business focused on the Permian Basin. |
| E&P | 4/3/2023 | Vital Energy Inc. | Driftwood Energy Operating LLC | $214 |
Acquired Midland Basin leasehold in Upton and Reagan counties, Texas, including 11,200 net acres that averaged 5,400 boe/d (63% oil). |
| MID | 3/31/2023 | South 49 Holdings Ltd.; Midstream Energy Partners | USD Partners LP | $33 |
Acquired Casper, Wyoming, crude rail terminal. |
| E&P | 4/5/2023 | Riley Exploration Permian Inc. | Pecos Oil & Gas LLC; Cibolo Energy Partners LLC | $330 |
Acquired 11,700 contiguous net acres in Eddy County, New Mexico, and production of 4,200 bbl/d (7,200 boe/d). |
| E&P | 4/3/2023 | Ovintiv Inc. | Black Swan Oil & Gas; PetroLegacy Energy; Piedra Resources; EnCap Investments LP | $4,275 |
To acquire 65,000 net acres in the core of the Midland Basin; 1,060 net locations; and 60,000 bbl/d of oil and condensate. |
| E&P | 4/3/2023 | Grayson Mill Bakken LLC; EnCap Investments LP | Ovintiv Inc. | $825 |
To sell Ovintiv's Bakken position, including 46,000 net acres and average production of 37,000 boe/d |
| E&P | 4/3/2023 | Ovintiv Inc. | To acquire various bolt-on acquisitions. | $200 |
Acquired acreage in various bolt-on acquisitions. |
| Renew | 3/31/2023 | Shell USA Inc. | Volta Inc. | $169 |
Acquired network of more than 3,000 charging locations in 31 U.S. states and territories. |
| E&P | 3/30/2023 | IOG Resources II | N/A | N/A |
Acquired Appalachia assets, including 66 producing wellbores on 7,000 net acres with production of 24 MMcfe/d. |
| Renew | 3/28/2023 | Brookfield Renewable Partners; GIC; Temasek; EIG; MidOcean Energy | MidOcean Energy | $10,300 |
To acquire Origin Energy, Australia’s largest integrated power generator. |
| E&P | 3/28/2023 | Crescent Point Energy Corp. | Spartan Delta Corp. | $1,280 |
To acquire Montney oil and liquids assets with average production of 38,000 barrels of oil equivalent per day (boe/d), 55% liquids, and drilling inventory of 600 net locations. |
| MID | 3/27/2023 | Energy Transfer LP | Lotus Midstream LLC; EnCap Flatrock Midstream | $1,450 |
To acquire Lotus' system consisting of approximately 3,000 active miles of pipeline that serves major production areas of the Permian with nearly 1.5 MMbbl/d of capacity. |
| S&S | 3/24/2023 | Dawson Geophysical Co. | Breckenridge Geophysical LLC; Wilks Brothers LLC | $9.8 |
To purchase the Breckenridge, a seismic data acquisition company. |
| E&P | 3/24/2023 | Energy Partners; Vitol | Delaware Basin Resources LLC; Stellus Capital Management | $1,500 - $2,000 |
Acquired 46,000 surface acres in Reeves and Pecos counties, Texas, and currently averages production of approximately 40,000 boe/d. |
| Renew | 3/17/2023 | ACEN; UPC Power Solutions LLC | GlidePath Power Solutions LLC |
To acquire eight operating wind projects in Texas with 136 megawatts of power generation. |
|
| MID | 3/16/2023 | Golar LNG Ltd. | New Fortress Energy Inc. | $423 |
To close the acquisition of New Fortress Energy Inc.’s interest in a floating LNG facility in Hilli, offshore Kribi, Cameroon. |
| Renew | 3/16/2023 | Equinor ASA | Scatec Innovation AS | $28 |
Acquired 5 million shares in renewable energy firm Scatec ASA from Scatec Innovation AS, a stake of about 3.1% of the company’s shares and votes. |
| MID | 3/15/2023 | Canadian Pacific Railway | Kansas City Southern | $27,000 |
To create the Candian Pacific Kansas City railroad, the only single-line railway connecting North America from Canada through Mexico. |
| E&P | 3/15/2023 | Principal Solar Inc. | Winchester Oil & Gas LLC | N/A |
Executed a letter of intent to acquire controlling working interest in oil and gas leases, wells in the Minerva-Rockdale oil field in Milam County, Texas. |
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