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.
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.
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.