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.

May 26, 2020

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.

May 20, 2020

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.

May 18, 2020

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.

May 18, 2020

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.

May 13, 2020

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.

May 13, 2020

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.

May 12, 2020

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.

May 11, 2020

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.

May 11, 2020

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.

May 7, 2020