The Latest

Policy & Regulations

S&P Gains EU Approval for $44 Billion Takeover of IHS Markit

The European Commission approved the $44 billion takeover on condition S&P sells IHS Markit’s U.S. Oil Pricing Agency Oil Price Information Service, PetroChemWire and its coal, metals and mining businesses

October 22, 2021

Policy & Regulations

US Antitrust Regulators Reportedly Slowing Down Oil and Gas Mergers

The FTC’s scrutiny threatens to put the brakes on dealmaking in the oil patch, which had already dropped to $18.5 billion of M&A between U.S. oil and gas producers in the third quarter.

October 22, 2021

Shale Plays

Privately Held ProFrac to Buy FTS International for $407.5 million in Cash

FTS International said the all-cash transaction with ProFrac will create one of the largest completions focused service companies in the U.S. oil and gas industry.

October 22, 2021

Business

EagleClaw to Combine with Apache’s Altus Midstream in All-stock Transaction

The combination with Altus Midstream creates the largest pure-play midstream company in the Permian Basin, providing the scale necessary for long-term success, says EagleClaw CEO Jamie Welch.

October 21, 2021

Lease Sales

Marketed: Kirkwood Oil & Gas Colorado Upstream Opportunity

Kirkwood Oil & Gas retained PetroDivest Advisors for the sale of its vertical operated interests in Colorado’s Moffat and Washington counties plus interests in the Iles Station storage tank.

October 21, 2021

Exploration & Production

Australia’s Otto Energy Acquires Interest in South Texas Wells

Otto Energy agreed to participate in two exploration prospects located onshore Texas in Colorado and Lavaca counties testing the Wilcox play.

October 20, 2021

Acquisitions & Divestitures

Energy A&D Transactions from the Week of Oct. 20, 2021

Here’s a snapshot of recent energy deals including a $750 million asset sale by Occidental Petroleum plus Citizen Energy’s $153 million expansion in Oklahoma.

October 20, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of Oct. 20, 2021)

Here’s a quicklist of oil and gas assets on the market including Chisholm Oil & Gas STACK nonop opportunity plus Merit Energy Anadarko Basin nonop and mineral/royalty position.

October 20, 2021

Shale Plays

Upstream M&A Takes a Breather, But Dealmaking Remains Strong

After a barrage of upstream oil and gas deals in 2021, third-quarter transactions cooled, but an $18.5 billion showing still surpassed the five-year average, a recent report says.

October 20, 2021

Lease Sales

Marketed: Operated Working Interest in Weld County, Colorado

Nickel Road Operating retained Oil & Gas Asset Clearinghouse for the sale of its operated working interest in Colorado’s Weld County located within the western Wattenberg Field oil rim.

October 19, 2021