A&D DEAL SHEET |
|||||
Sector | Date Announced | Buyer | Seller | Value (US$MM) | Comments |
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. |
Renew | 3/8/2023 | Wien Energie; OMV | N/A | N/A |
Announced a joint venture to explore geotheraml opportunities in the greater Vienna region of Europe. |
E&P | 3/7/2023 | N/A | Carrier Energy Partners II LLC | $145 |
Sold its non-operated working interests in Karnes County, Texas, to an undisclosed buyer in two transactions. |
Renew | 3/6/2023 | Bayou Bend CCS LLC; Chevron U.S.A. Inc.; Talos Energy Inc.; Carbonvert Inc. | N/A | N/A |
Purchased more than 100,000 acres onshore in Chambers and Jefferson counties, Texas, for carbon capture and storage. |
MID | 3/6/2023 | N/A | NGL Energy Partners LP | $111.65 |
Sold marine fleet, consisting of 13 towboats and 25 tank barges. |
Recommended Reading
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
2024-10-11 - The oil and gas rig count rose by one to 586 in the week to Oct. 11. Baker Hughes said the total count was still down 36 rigs or 6% from this time last year.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
2024-10-04 - The oil and gas rig count fell by two to 585 in the week to Oct. 4.
Hot Permian Pie: Birch’s Scorching New Dean Wells in Dawson County
2024-10-15 - Birch Resources is continuing its big-oil-well streak in the Dean formation in southern Dawson County with two new wells IP’ing up to 2,768 bbl/d.
US Drillers Add Oil, Gas Rigs for First Time in Five Weeks
2024-09-13 - The oil and gas rig count rose by eight in the week to Sept. 13 to 590, returning to mid-June levels. The increase was the biggest since the week to Sept. 15, 2023.
Hurricane Helene Shuts in Nearly 30% of GoM Crude Production
2024-09-25 - Bumped up to hurricane classification on Sept. 25, Hurricane Helene has shut in 29% of crude and 17% of natural gas production in the Gulf of Mexico as it nears landfall in Florida tomorrow.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.