E&P
Sector | Date Announced |
Buyer | Seller | Value (US$MM) |
Comments |
MID | 1/3/2023 | Targa Resources Corp. | Blackstone Energy Partners | $1,050 |
To acquire remaining 25% stake in the Grand Prix NGL Pipeline |
Renew | 12/30/2022 | Boralex Inc. | EDF Renewables North America | CA$339.7 |
Acquired a 50% interest in five operating wind farms in Texas and New Mexico f in a deal valued at CAD$339.7 million (US$249.8 million), |
E&P | 12/29/2022 | Sitio Royalties Corp. | Brigham Minerals Inc. | $4,800 |
Closed all-stock merger; combined company will consist of a total of 259,510 net royalty acres in the Permian Basin and other oil-focused regions. |
Renew | 12/28/2022 | BP Plc | Archaea Energy Inc. | $4,100 |
Purchased Houston-based RNG producer, Archaea, which operates about 50 RNG and landfill gas-to-energy facilities across the U.S. |
Renew | 12/27/2022 | Superior Plus Corp. | Centaurs Ltd. | CA$1,050 |
To acquire Certarus Ltd., a low-carbon energy solutions provider based in North America |
E&P | 12/27/2022 | PHX Minerals Inc. | N/A | $10.7 |
To purchase WI in 151 non-operated Arkoma Basin wells and WI in 106 non-operated Eagle Ford wells |
E&P | 12/27/2022 | Camber Energy Inc. | Brothers Investments LLC; Lake Boeuf Investments LLC; Bass TMJ LLC; James III Investments LLC | $69 |
To acquire working interests in approximately 169 proved, producing oil wells averaging about 2,000 net bbl/d of oil and other assets. |
E&P | 12/27/2022 | Marathon Oil Corp. | Ensign Natural Resources LLC; Warburg Pincus LLC; Kayne Private Energy | $3,000 |
Closed acquistion of Ensign Eagle Ford assets comprising 130,000 net acres, more than 600 undrilled locations and 67,000 net boe/d of production spanning Live Oak, Bee, Karnes and Dewitt counties, TX. |
E&P | 12/20/2022 | Surge Energy Inc. | Enerplus Corp. | CA$245 |
Closed acquisition of Alberta and Saskatchewan assets focused entirely within within Surge’s Sparky and SE Saskatchewan core areas; includes production of roughly 3,000 boe/d (99% crude oil) on a net after deduction of royalties basis. |
E&P | 12/19/2022 | Northern Oil and Gas Inc. | Nature N/A | $110 |
Closed acquistion of certain nonoperated properties within the Midland Basin of the Permian located in in Howard County, TX; includes 1,650 net acres and expected full-year 2023 average net production of 1,800 boe/d (roughly 72% oil) substantially operated by SM Energy. |
E&P | 12/15/2022 | Kimbell Royalty Partners LP | Hatch Royalty LLC | $290 |
To buy approximately 889 net royalty acres on 230,000 gross acres in there Permian Basin located in the Delaware Basin (90%) and Midland Basin (10%). |
MID | 12/15/2022 | Williams | Southwest Gas Holdings Inc | $1,500 |
To purchase MountainWest pipeline system, which comprises 2,000-miles of interstate natural gas pipelines. |
MID | 12/14/2022 | Rice Acquisition Corp. II | NET Power | $1,459 |
Danny Rice's blank check company to merge with natural gas powered electricity firm generation MORE |
E&P | 12/13/2022 | Arena Energy LLC | GOM Shell LLC | N/A |
Closed on an acquisition of seven blocks and twelve platforms from GOM Shelf LLC. |
Recommended Reading
Energy Transition in Motion (Week of Nov. 1, 2024)
2024-11-01 - Here is a look at some of this week’s renewable energy news, including progress on the largest U.S. offshore wind project being developed.
Dominion Energy, Stonepeak Close $2.6B Offshore Wind Deal
2024-10-23 - The close marked the completion of Dominion’s business review targeting $21 billion of debt reduction initiatives.
Energy Transition in Motion (Week of Nov. 29/Dec. 2, 2024)
2024-12-03 - Here is a look at some of this week’s renewable energy news, including a global scaleup of hydrogen and uncertainty in the solar sector.
Energy Transition in Motion (Week of Nov.15, 2024)
2024-11-15 - Here is a look at some of this week’s renewable energy news, including an agreement for the supply of oxide fuel cells to meet energy data center needs.
Energy Transition in Motion (Week of Oct. 18, 2024)
2024-10-18 - Here is a look at some of this week’s renewable energy news, including approval of a 2-gigawatt geothermal project in Utah.
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.