W&T Offshore Acquires ConocoPhillips Deepwater Assets In US Gulf
Transaction Type
Sellers
Buyers
Basin
US Gulf Of Mexico
Field
Magnolia Field
Announce Date
Post Date
Close Date
Estimated Price
$20.0MM
Description
Purchased 75% working interest in and operatorship of the Magnolia Field, located in the central region of the deepwater US GoM, offshore LA; includes 11,500 gross (8,600 net) acres and 2,300 boe/d (82% oil) net production.