The Latest

Lease Sales

Marketed: Blackbeard Operating South Texas Regional Exit

Blackbeard Operating retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its operated properties in South Texas as part of a regional exit. 

July 2, 2020

Acquisitions & Divestitures

BP Completes Part of $5.6 Billion Alaska Sale to Hilcorp Energy

The agreement calls for Hilcorp to pay $4 billion to BP over an unspecified time, with the remaining $1.6 billion based on future earnings from the Alaskan properties.

July 2, 2020

Lease Sales

EnergyNet Contracted to Host State Lease Auctions for South Dakota

EnergyNet recently entered an agreement with the South Dakota School and Public Lands (SD SPL) to host its mineral and surface lease sales online.

July 1, 2020

Acquisitions & Divestitures

Energy A&D Transactions from the Week of July 1, 2020

Here’s a snapshot of recent energy deals including a $5 billion divestiture by BP as the London-based major shifts its focus to low-carbon energy.

July 1, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of July 1, 2020)

Here’s a quicklist of oil and gas assets on the market including an operated working interest package that includes producing Barnett Shale wells.

July 1, 2020

Lease Sales

Marketed: Operated Working Interest Package across Multiple Texas Counties

IPR Energy Partners LLC retained Oil & Gas Asset Clearinghouse LLC for the sale of an operated working interest package across multiple Texas counties that includes production from the Barnett Shale.

July 1, 2020

Exploration & Production

Executive Q&A: Proserv Controls CEO on Driving Force behind Subsea Deal

In this exclusive video interview, Proserv Controls CEO Davis Larssen explains the driving factors behind a strategic subsea partnership with Houston-based Dril-Quip.

July 1, 2020

Exploration & Production

Alaskan Officials Approve BP’s Sale of Oil Leases to Hilcorp

The lease portion of BP’s $5.6 billion sale of Alaskan properties to Hilcorp could be completed on June 30, said BP spokeswoman Megan Baldino.

June 30, 2020

Logistics

Thigpen, Blue Roads Join to Offer Mobile, Off-Pipe Natural Gas Solutions

BP Energy Partners said June 29 it is merging Dallas, TX-based Blue Roads Solutions, and Conroe, TX-based Thigpen Solutions, creating an innovative, full-service, leading player in the virtual pipeline industry.

June 30, 2020

Private Equity

Third Coast Midstream Unloads Portfolio of Southeast US Assets to Black Bear Transmission

The assets include six intrastate natural gas pipelines spanning approximately 1,400 miles in Alabama, Louisiana and Mississippi. The system has total capacity of more than 800 MMcf/d.

June 30, 2020