Powder River Basin
Western Midstream to Expand Powder River Presence with Meritage Deal
Western Midstream said it would purchase Meritage Midstream’s Powder River Basin assets, including gas gathering and an NGL pipeline, for $885 million cash.
Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.
Intensity Infrastructure Partners Secures Equity Backing from EIV Capital
In February, EIV Capital raised $702 million in funding and said it had more than $900 million to deploy into new investments.
Marketed: Anschutz Exploration Corp $9 Million Non-op Working Interests
Anschutz Exploration Corp. exclusively retained Eagle River Energy Advisors LLC to divest certain wellbore only, non-operated working interests that generate $9 million annualized cash flow from 430 boe/d of net production in the Powder River Basin of Wyoming.
On the Market Oil and Gas Quicklist (Week of Nov. 16, 2022)
Here’s a quicklist of oil and gas assets on the market including a Recoil Resources Eagleville Field well package within the Eagle Ford Basin in Atascosa and Wilson counties, Texas.
Energy A&D Transactions from the Week of Nov. 9, 2022
Here’s a snapshot of recent energy deals including Marathon Oil’s $3 billion cash acquisition of Ensign Natural Resources in the Eagle Ford Shale plus Kimbell’s largest deal in four years.
On the Market Oil and Gas Quicklist (Week of Nov. 9, 2022)
Here’s a quicklist of oil and gas assets on the market including a nonoperated position in the Bakken concentrated in Williams and Dunn counties, North Dakota, plus a Sabine Oil & Gas East Texas well package.
Marketed: Pathfinder Energy Powder River Basin Well Package
Pathfinder Energy Inc. retained EnergyNet for the sale of oil-weighted, conventional production in 20 operated wells located in the Powder River Basin in Campbell County, Wyoming.
Energy A&D Transactions from the Week of Nov. 2, 2022
Here’s a snapshot of recent energy deals including SLB’s acquisition of Houston-based Gyrodata and NextEra Energy’s $1.1 billion renewable natural gas expansion.
Energy A&D Transactions from the Week of Oct. 26, 2022
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.