Mergers

Shale Plays , Acquisitions & Divestitures , Mergers

Chesapeake Reportedly Nears $2.4 Billion Deal to Buy Chief Oil & Gas

If completed, it would be the second acquisition that Chesapeake has made since February 2021, when it emerged from one of the largest oil and gas producer bankruptcies of recent years.

January 20, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 19, 2022

Here’s a snapshot of recent energy deals including the $1.9 billion merger of Falcon Minerals with privately held Desert Peak plus Clearfork bags its first deal after a $400 million equity commitment.

January 19, 2022

Shale Plays , Acquisitions & Divestitures , Trends , Mergers

Upstream Deal Values Rise in 2021 Despite M&A’s Slow End

The Haynesville Shale and the Permian’s Delaware Basin were the two most active plays of 2021’s final quarter, combining for 80% of the quarter’s deal value, a new report by Enverus says.

January 13, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 12, 2022

Here’s a snapshot of recent energy deals including UpCurve II’s initial acquisition in the Permian Basin plus a surprise $3.25 billion cash acquisition announced by Enterprise Products Partners.

January 12, 2022

Shale Plays , Acquisitions & Divestitures , Mergers , Gathering & Processing

Enterprise Surprises Market with $3.25 Billion Cash Acquisition of Navitas Midstream

Enterprise’s agreement to acquire Warburg-backed Navitas comes as a surprise, analysts say, given Enterprise’s recent capital discussions and messaged preference for downstream.

January 10, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 5, 2022

Here’s a snapshot of recent energy deals including back-to-back deals by Lime Rock Resources in the Williston Basin and Eagle Ford Shale totaling $358.5 million plus a slew of transactions completed by the end of the year.

January 5, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Dec. 29, 2021

Here’s a snapshot of recent energy deals including Earthstone Energy’s entry into the Delaware Basin plus the closing of Pioneer Natural Resources’ $3.25 billion exit from the Permian sub-basin.

December 29, 2021

Shale Plays , Water Management , Acquisitions & Divestitures , Mergers

Select Energy Services to Acquire Nuverra Environmental Solutions for $45 Million

The Nuverra acquisition builds upon Select Energy Services’ recent M&A strategy of consolidating sizable existing infrastructure portfolios, says CEO John Schmitz.

December 29, 2021

Exploration & Production , Acquisitions & Divestitures , Mergers

Tamarack Valley Energy to Acquire Privately Held Oil Producer Crestwynd

The Crestwynd acquisition will further establish Tamarack Valley Energy’s position as a leading Clearwater operator and give it the largest position in the southern part of the play, the company said.

December 22, 2021

Business , Exploration & Production , Acquisitions & Divestitures , Mergers

Aker BP, Lundin Energy to Merge in $14 Billion Deal

“The proposed combination has strategic, and value accretive benefits and the combined company will be characterized by increased scale, world-class quality, and high returns,” Aker BP and Lundin said in a joint statement.

December 21, 2021