A&D DEAL SHEET
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Sector |
Date |
Buyer |
Seller |
Value |
Comments |
|
E&P |
1/28/20 |
BCE-Mach LLC; Mach Resources LLC; Bayou City Energy Management LLC |
Alta Mesa Resources Inc.; Kingfisher Midstream LLC |
$320 |
To buy substantially all of the assets of Alta Mesa Resources and its midstream subsidiary, Kingfisher Midstream, through bankruptcy sale processes; includes 130,000 net-acre OK Stack Play position (90% HBP) and 30,000 boe/d of production (67% liquids). (Expected to close February) |
|
S&S |
1/29/20 |
IDEX Corp. |
Flow Management Devices LLC |
$125 |
To acquire the Phoenix-based privately held provider of flow measurement systems that ensure custody transfer accuracy in the oil and gas industry. (Expected to close 1Q 2020) |
|
E&P |
1/31/20 |
Equinor ASA; Royal Dutch Shell Plc |
Schlumberger Ltd. |
$355 |
Purchased Schlumberger's 49% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play through a joint acquisition. |
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E&P |
1/31/20 |
Equinor ASA; Royal Dutch Shell Plc |
YPF SA |
N/A |
To acquire 11% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play. |
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Mid |
2/4/20 |
Black Diamond Gathering LLC (Noble Midstream Partners LP; Greenfield Midstream LLC) |
Magellan Midstream Partners LP; Plains All American Pipeline LP; Western Midstream Partners LP |
$155 |
Acquired 20% in the Saddlehorn Pipeline, which transports crude oil and condensate from the D-J and Powder River basins to Cushing, OK. |
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E&P |
2/4/20 |
Peregrine Energy Partners |
Caelus Energy LLC |
N/A |
To purchase producing overriding royalty interests in the Oooguruk Field of the North Slope of Alaska. |
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Source: HartEnergy.com |
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