Acquisitions & Divestitures
Private Equity , Acquisitions & Divestitures , Gathering & Processing , Pipelines
Blackstone’s EagleClaw Midstream Sues Caprock over Troubled Deal
EagleClaw in 2018 acquired natural gas pipeline operator Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream Management for $950 million.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of May 20, 2020
Here’s a snapshot of recent energy deals including a second bolt-on deal disclosed by Diversified Gas & Oil for Appalachia assets from EQT.
Public Capital , Exploration & Production , Acquisitions & Divestitures
Total Calls Off Acquisition of Occidental Petroleum’s Ghana Asset
The deal was part of an $8.8 billion agreement reached between Total and Occidental to over Anadarko Petroleum's assets in Mozambique, Ghana, Algeria, and South Africa.
Business , Shale Plays , Water Management , Acquisitions & Divestitures , Midstream
Centennial Terminates $225 Million Water Infrastructure Transaction
Houston-based WaterBridge Resources agreed in late February to acquire Centennial Resource Development’s Permian water assets in a $225 million transaction that was expected to close at the end of the first quarter.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Diversified Gas & Oil Discloses Second Bolt-on Deal with EQT
Diversified Gas & Oil’s EQT bolt-on, and an earlier deal with Carbon Energy, add upstream and midstream Appalachia assets primarily in West Virginia and Pennsylvania.
Acquisitions & Divestitures , Trends
Energy A&D Transactions from the Week of May 13, 2020
Here’s a snapshot of recent energy deals including the multimillion-dollar sale of a Louisiana LNG project to a British company.
Liquefied Natural Gas (LNG) , Acquisitions & Divestitures , Midstream
Louisiana LNG Project Sold to British Company in Multimillion-dollar Deal
The sale of the Magnolia LNG project, slated to close May 15, comes roughly a month after a deal for the acquisition of LNG Ltd. and all of its assets by a Singapore-based company fell apart.
Private Equity , Artificial Lift , Acquisitions & Divestitures
Post Oak Energy Capital Cashes Out of OFS Investment
Post Oak Energy Capital affiliate Balcones Energy Holdings, in partnership with certain individual investors, sold the equity interests in Precision Compression Services in an all-cash transaction.
Acquisitions & Divestitures , Trends
A&D Trends: Oil Soaked
First-quarter M&A grinded out a mere $770 million in deals—about one-tenth of typical values—as oil and gas companies drowned in oversupply, according to an April report.
Business , Technology , Acquisitions & Divestitures
Lufkin Resurrected through Baker Hughes Sale
Baker Hughes agreed to sell the 118-year-old Lufin rod lift business it acquired through its merger with GE Oil & Gas.