A&D DEAL SHEET |
|||||
Sector | Date Announced | Buyer | Seller | Value (US$MM) | Comments |
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. |
E&P | 3/3/2023 | Equinor | Suncor Energy | $850 |
Acquired Suncor's British business, which will add or up the stakes Equinor in several key North Sea offshore projects. |
E&P | 3/2/2023 | EIG Global Energy Partners; Breakwater Energy | Repsol | $4,800 |
Acquired a 25% interest in Repsol's global upstream business, including operations in the Marcellus Shale, Alaska’s North Slope, the Gulf of Mexico and Eagle Ford Shale. |
MID | 3/2/2023 | Aramco | Valvoline Global Operations | $2,650 |
Acquired Valvoline's lubricants company. |
MID | 3/1/2023 | Enbridge Inc. | Crestwood Equity Partners LP; Brookfield Infrastructure Partners | $335 |
To purchase the 35 Bcf Tres Palacios gas storage facility in Markham, Texas. |
Renew | 3/1/2023 | Enbridge Inc. | Divert Inc. | $1,000 |
Purchased a 10% stake in Divert Inc.'s renewable natural gas business. |
E&P | 2/28/2023 | Riley Exploration Permian Inc. | Pecos Oil & Gas LLC; Cibolo Energy Partners LLC | $330 |
To acquire 11,700 contiguous net acres in Eddy County, New Mexico, with current production of 4,200 bbl/d (7,200 boe/d). |
E&P | 2/28/2023 | Baytex Energy Group | Ranger Oil Corp. | $2,500 |
To acquire 162,000 net acres in the crude oil window of the Eagle Ford shale and production of 67,000 boe/d to 70,000 boe/d. |
MID | 2/27/2023 | Harvest Midstream | Paradigm Midstream LLC; Ares Management | N/A |
To acquire gathering, storage, pipelines and rail in North Dakota and South Texas. |
E&P | 2/24/2023 | Foothills Exploration Inc.; Anaconda Energy | Jubilee Exploration LLC | N/A |
Acquired shut-in or stranded oil and gas wells across multiple leases in Oklahoma and Kansas. |
E&P | 2/22/2023 | Bison Oil & Gas ; Quantum Energy Partners | N/A | N/A |
Closed on multiple acquisitions to purchase over 75,000 net acres with current production of more than 25,000 boe/d. |
Recommended Reading
SUPER DUG: Liberty CEO Pearson Talks EOR in the Bakken
2023-05-29 - At the SUPER DUG conference in Fort Worth, Texas, Liberty Resources CEO C. Mark Pearson sat down with Hart Energy's Jordan Blum to discuss his company's usage of Bakken-produced gas and EOR in the Bakken.
Gaspar: Energy ‘Not Going Out of Style’
2023-05-22 - Devon is thinking about energy ‘beyond oil and gas’ as it looks to supply future needs.
SUPER DUG 2023: Devon Energy's Clay Gaspar Emphasizes Long-term Approach [WATCH]
2023-05-22 - Devon Energy's Clay Gaspar said he is looking at the future of Devon Energy with 'a 2030 and a 2040 mindset.'
Sitio CEO Seeks More Mineral, Royalty M&A: ‘We’re Still Too Small’
2023-04-14 - After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.
DUG Haynesville: Bob Barba Sells Refracs to Extend Wells, Protect Parent Wells [WATCH]
2023-03-29 - In an exclusive interview, Bob Barba, president and CEO, Integrated Energy Services Inc., sees hesitancy around refrac-ing vintage wells, despite revitalizing older wells and even those consigned to plugging and abandonment in the Haynesville and Eagle Ford shale and, particularly, the Permian Basin.