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. |
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