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
Attitude Adjustment Incoming from DC, Energy Experts Say
2024-11-25 - The energy Industry can expect more cooperation from the federal government through personnel and policy adjustments.
Electrification of Permian Faces a Problem: Not Enough Shock for the System
2024-11-21 - Permian Basin producers may have to wait years for Texas utilities to grow the grid.
US Grid Operator Faces New Complaint Over Power Supply Auction
2024-11-19 - PJM Interconnection, the largest U.S. grid operator, is being accused of unfairly awarding high payments to power plants and pushing up electricity costs for homes and businesses.
Liberty Energy Plans Succession Following Trump’s Pick for Energy Secretary
2024-11-18 - If the U.S. Senate confirms President-elect Donald Trump’s choice of Liberty Energy CEO Chris Wright for the role of energy secretary, the company has a succession plan in place.
Trump Picks Liberty Energy’s Chris Wright for US Energy Secretary
2024-11-16 - Frac pressure-pumping leader Chris Wright was part of a mid-1990s team that suggested a slickwater—rather than gel—frac to George Mitchell, leading to the U.S. shale-gas breakthrough.
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.