Texas/La Gulf Coast

Unconventional , Shale Plays , Acquisitions & Divestitures

SilverBow to Acquire $87 Million Bolt-on in Eagle Ford’s Karnes Trough

Houston-based SilverBow Resources entered an agreement to acquire bolt-on assets in the Karnes trough in Dewitt and Gonzales counties from an undisclosed seller for $87 million in cash.

October 3, 2022

Lease Sales

Marketed: Hunt Oil HBP Leasehold, Harrison County, Texas

Hunt Oil Co. retained EnergyNet for the sale of 4,001 contiguous, multi-bench, HBP net leasehold acres in Harrison County, Texas, through a sealed-bid offering.

September 30, 2022

Health, Safety & Environment , Shale Plays

Exxon Orders Shale Stand-down Over Rash of Oilfield Worker Injuries

Exxon Mobil is actively working with contractors to improve safety at its operations after experiencing back-to-back worker injuries.

September 29, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

SilverBow ‘Poison Pill’ Attempts to Fend Off Possible Kimmeridge Takeover

Kimmeridge Energy, which spent more than $100 million to acquire SilverBow Resources stock, recently acquired another Eagle Ford E&P—Laredo Energy, an analyst said.

September 29, 2022

Business , Shale Plays , Acquisitions & Divestitures

Devon Energy Completes Eagle Ford Bolt-on Acquisition

Devon Energy closed its previously announced acquisition of Validus Energy, increasing its production footprint in the Eagle Ford by 35,000 boe/d.

September 28, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 28, 2022

Here’s a snapshot of recent energy deals including Talos Energy’s $1.1 billion acquisition of private Gulf of Mexico operator, EnVen Energy, plus the $565 million sale of half of Kinder Morgan’s stake in a Georgia LNG facility.

September 28, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 28, 2022)

Here’s a quicklist of oil and gas assets on the market including a Continental Resources North STACK 200-well package in Oklahoma plus Texegy Royalty Austin Chalk minerals for lease in Louisiana.

September 28, 2022

Lease Sales

Marketed: Texegy Royalty Austin Chalk Minerals for Lease

Texegy Royalty retained Energy Advisors Group to market for lease its 48,000 net-acre Austin Chalk mineral position, which is an eastward extension of the Brookeland Field in Louisiana.

September 27, 2022

Energy Transition , Acquisitions & Divestitures , Gathering & Processing

Momentum Midstream Establishes Leading Haynesville Presence with Latest Acquisitions

The acquisition of Midcoast’s East Texas business and Align Midstream was announced by Momentum Midstream alongside a new natural gas gathering and carbon capture project in the Haynesville Shale.

September 25, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Silver Hill Energy Partners Closes $1.02 Billion Fund

Silver Hill Energy Partner’s latest fundraising uniquely positions the Dallas-based firm to “make rapid decisions as attractive oil and gas assets become available for acquisition,” Founder, President and CEO Kyle D. Miller said.

September 25, 2022