Buyout firms have sold around $2.6 billion worth of Canadian oil and gas producers so far this year, the highest level since at least 2010, according to IHS Markit.
Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.
Here’s a quicklist of oil and gas assets on the market including a legacy mineral position in the Permian Basin plus a Rock Oil nonop and minerals opportunity in the SCOOP and STACK plays of Oklahoma.
After patiently waiting through the shale land rush, Enverus’ Andrew Dittmar says ConocoPhillips is picking up prime real estate in the Permian Basin with its blockbuster purchase from Shell.
Northern Oil and Gas bid about $170 million for a nonoperated working interest in Comstock Resources’ Bakken assets, sources say.
Boaz Rockies Operating LLC retained RedOaks Energy Advisors for the sale of operated conventional properties in Wyoming within the Powder River Basin.
The acquisition of Double Drop Resources significantly expands Lagoon Water Midstream’s operations and establishes it as a multibasin water management company.
Thomas L. Taylor, as receiver for Breitling Royalties, retained EnergyNet for the sale of royalty and overriding royalty interests in a multiple property package across several states with select operators including XTO Energy, EQT and more.
The sale of all its Texas and New Mexico fluid management and saltwater disposal well assets completes Key Energy Services’ exit from this line of business in these states.
ESP EOC Rose Rock LLC retained Detring Energy Advisors for the sale of its nonoperated working interest and mineral interest in the heart of the SCOOP and STACK plays of the Anadarko Basin.