Acquisitions & Divestitures

Shale Plays , Completions , Acquisitions & Divestitures

Frac Shack Acquires Sand Separation Expert Sandtinel

Frac Shack’s acquisition of the Sandtinel sand separation system allows the company to expand and diversify its services to new and existing customers in the flowback and production industry.

January 23, 2020

Public Capital , Acquisitions & Divestitures , Trends

A&D Trends: Oil And Gas Game Changer

In the coming year, public oil and gas companies may face a better chance of being acquired and taken private.

January 23, 2020

Private Equity , Acquisitions & Divestitures

BlackGold Capital Acquires Midland Basin Mineral Portfolio

BlackGold Capital said 72% of the net royalty acres in the acquired portfolio are leased by operators in the top quartile of active horizontal rig counts in the Midland Basin.

January 22, 2020

Earnings , Exploration & Production , Shale Plays , Technology , Acquisitions & Divestitures

Schlumberger Tops Estimates On Higher International Drilling Activity

Schlumberger outlined an aggressive cost-cutting plan for its North American operations as the world's largest oilfield service firm contends with sharp declines in U.S. shale activity.

January 17, 2020

People , Company Profiles , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends

Lime Rock Executive Q&A: A Time To Pause, A Time To Buy

To everything there is a season, and while others might find this a time to scatter stones, this disciplined and prepared E&P is busy gathering them. The principals of Lime Rock Resources talk strategy, A&D and practiced patience.

January 17, 2020

Public Capital , Exploration & Production , Shale Plays , Technology , Acquisitions & Divestitures

Big Three Oilfield Service Firms Start Year With Asset Sales

Schlumberger, Halliburton and Baker Hughes reportedly kicked off the new year by putting units up for sale, as the three largest names in oilfield services adjust to falling demand.

January 17, 2020

Public Capital , Exploration & Production , Technology , Acquisitions & Divestitures

BW Offshore Sets Date For $800 Million E&P Spinoff

BW Offshore, a service provider to many petroleum producers, has in recent years built up its own E&P operations through BW Energy, which it plans to spin off first-quarter 2020.

January 15, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

PDC Energy Completes $1.7 Billion All-stock Merger With SRC Energy

PDC now adds SRC Energy’s core area of operations in the Greater Wattenberg Field of the D-J Basin to its portfolio, which includes positions in the D-J and Permian basins.

January 14, 2020

Digital Oilfield , Logistics , Acquisitions & Divestitures

Stress Engineering Services Acquires Laserstream

Stress Engineering Services Inc. (SES), the global leader in consulting engineering services and solutions, said Jan. 13 it has acquired Laserstream LP, a technical service company specializing in laser mapping of tubular assets.

January 14, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Permian Operator Lilis Energy Receives Take-Private Offer

Värde Partners is proposing to acquire the roughly 75% of outstanding shares of Lilis Energy common stock it doesn’t already own in a cash merger transaction.

January 13, 2020