The Latest

Dawson Geophysical Purchases Seismic Firm Breckenridge Geophysical

Wilks Brothers-controlled Dawson will purchase Breckenridge Geophysical — owned by Wilks Brothers — in an all-stock deal worth more than $10 million.

March 24, 2023

By Hook, Crook and Bolt-on, E&Ps Scramble to Add Inventory

Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.

March 24, 2023

Superior Energy Services Considers Strategic Alternatives, Potential Consolidation

Superior, an international provider of drilling, completion and production services and products, is exploring its options to boost value for shareholders, including through M&A.

March 23, 2023

Vitol’s VTX Energy Partners Completes Southern Delaware Basin Deal

VTX Energy, backed by Swiss oil trader Vitol, purchased 35,000 net leasehold acres with an average production of 40,000 boe/d in the Delaware Basin’s Pecos and Reeves counties, Texas, in a deal Enverus said could be valued at $1.5 billion to $2 billion.   

March 23, 2023

BP Weighs Buying Control of Solar Power JV Lightsource BP

BP currently holds 50% in Lightsource BP, which has a portfolio valued around $2 billion.

March 23, 2023

CorEnergy Sees ‘High’ Interest in Marketed Pipeline Systems

CorEnergy Infrastructure Trust Inc. is marketing its Omega Pipeline Co. and MoGas Pipeline LLC systems as it looks to deleverage.

March 22, 2023

A&D Minute: Could Crude Transportation Safety Improve with Railway Mega-merger? [WATCH]

Also in this week's A&D Minute, Principal Solar plans on buying the century-old Minerva-Rockdale oil field and New Fortress Energy is divesting its interest in a floating LNG facility. 

March 22, 2023

Energy A&D Transactions from the Week of March 22, 2023

Here’s a snapshot of recent energy deals, including Canadian Pacific Railway’s $27 billion acquisition of Kansas City Southern, the only single-line crude-by-rail railroad connecting Canada, the U.S. and Mexico. 

March 22, 2023

BrightNight and ACEN Form Partnership to Develop Indian Renewables

BrightNight and ACEN plan to deploy $2.5 million equity plus related performance guarantees to develop differentiated hybrid wind-solar projects in India.

March 21, 2023

Marketed: Discovery Oil LLC 18 Well Package

Discovery Oil LLC has retained EnergyNet for the sale of an 18 well package, non-operated WI and ORRI, in Richland County, Montana and Dunn, McKenzie, and Williams Counties, North Dakota.

March 21, 2023