A&D DEAL SHEET
|
|||||
|
Sector |
Date |
Buyer |
Seller |
Value |
Comments |
|
E&P |
1/28/20 |
BCE-Mach LLC; Mach Resources LLC; Bayou City Energy Management LLC |
Alta Mesa Resources Inc.; Kingfisher Midstream LLC |
$320 |
To buy substantially all of the assets of Alta Mesa Resources and its midstream subsidiary, Kingfisher Midstream, through bankruptcy sale processes; includes 130,000 net-acre OK Stack Play position (90% HBP) and 30,000 boe/d of production (67% liquids). (Expected to close February) |
|
E&P |
1/31/20 |
Equinor ASA; Royal Dutch Shell Plc |
Schlumberger Ltd. |
$355 |
Purchased Schlumberger's 49% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play through a joint acquisition. |
|
E&P |
1/31/20 |
Equinor ASA; Royal Dutch Shell Plc |
YPF SA |
N/A |
To acquire 11% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play. |
|
Mid |
2/4/20 |
Black Diamond Gathering LLC (Noble Midstream Partners LP; Greenfield Midstream LLC) |
Magellan Midstream Partners LP; Plains All American Pipeline LP; Western Midstream Partners LP |
$155 |
Acquired 20% in the Saddlehorn Pipeline, which transports crude oil and condensate from the D-J and Powder River basins to Cushing, OK. |
|
Source: HartEnergy.com |
|||||
For more up-to-date information on the latest deals visit Hart Energy’s online database of transactions.
Recommended Reading
Trump’s Executive Order Delivers Blow to US Offshore Wind
2025-01-21 - President Trump’s executive order halts new offshore wind leasing and permitting activity effective Jan. 21.
Burgum: Yes to US Power Supply, Reliability; No on Sage Grouse
2025-01-16 - Interior Secretary nominee Doug Burgum said the sage grouse is neither endangered nor threatened; he'll hold federal leases as scheduled; and worries the U.S. is short of electric power and at risk of losing the “AI arms race” to China and other adversaries.
Biden Bans E&Ps from 625 Million Acres of Offshore Oil, Gas Leases
2025-01-06 - While the White House said the move doesn’t affect existing leases, oil and gas industry groups called excluding offshore waters “significant and catastrophic.”
Big Spenders: EPA Touts Billions in Clean Energy Spending
2025-01-15 - Nearly $69 billion in funding from the Inflation Reduction Act and Bipartisan Infrastructure Law has been dispersed by the Environmental Protection Agency in its clean energy push.
Uncertainty Abounds: IRA Clean Energy Incentives Await Fate
2025-01-05 - Policy experts weigh in on the next possible steps for President Joe Biden’s signature climate law, the Inflation Reduction Act, following the Trump-led Republican trifecta.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.