We continue our interview series with Justin T. Stolte, partner at Gibson, Dunn & Crutcher LLP. Part two picks up by looking at what deals are getting done.
We have established the M&A transactions market is challenged but there are still deals happening. Stolte looks at what deals are proving to be beneficial for companies at this time.
"Water historically has been viewed as a nuisance for E&P companies and now, because there is so much produced water that E&Ps are having to deal with, it's really created a stand-alone business," said Stolte.
Related video: VIDEO SERIES: Challenges Ahead For M&A Transactions Market
VIDEO SERIES: Part Three, How Deals Are Getting Done
VIDEO SERIES: Who Is Doing The Deals?
Recommended Reading
Trans Mountain Says Projects Could Expand Pipeline Capacity by 300,000 bbl/d
2025-02-06 - Trans Mountain is looking at expansion projects in the short and long terms that could add between 200,000 bbl/d and 300,000 bbl/d of capacity to the company's system.
South Bow Cleared to Restart Keystone Following North Dakota Oil Spill
2025-04-14 - Canada’s South Bow is expected to restart flows on the Keystone Pipeline as soon as weather permits.
Targa Buys Back Bakken Assets After Strong 2024
2025-02-20 - Targa Resources Corp. is repurchasing its interest in Targa Badlands LLC for $1.8 billion and announced three new projects to expand its NGL system during its fourth-quarter earnings call.
ONEOK, MPLX’s ‘Wellhead-to-Water’ Deal Dominates Permian NGL Race
2025-04-10 - The $1.75 billion ONEOK-MPLX deal reflects how midstream companies are going big in the petrochemicals sector.
Wildcat Expanding Terminal Transporting Crude from Uinta to Gulf Coast
2025-03-12 - Wildcat Midstream has begun expanding its Helper export terminal for more capacity to take crude from the Uinta Basin to the Gulf Coast.
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.