Rockies
A&D Minute: Diamondback Doubles Down on M&A [WATCH]
Also in this week's A&D Minute: Chesapeake got a "much better deal" in its second Eagle Ford divestiture of the year and Quantum Energy dipped its toe in the D-J Basin.
Rockies-Focused Bison IV Wins $500MM in Backing From Quantum
Houston-based private equity firm Quantum Energy Partners is backing Bison Oil & Gas IV to acquire and develop oil and gas assets in Colorado and Wyoming.
Marketed: Diversified Minerals Niobrara Shale Opportunity
Diversified Minerals Co. LLC has retained EnergyNet for the sale of a five-well and 12-DUC package located in Arapahoe and Weld counties, Colo.
Williams Closes MountainWest Natgas Transmission, Storage Acquisition
The MountainWest acquisition comprises approximately 2,000 miles of natural gas pipeline systems with about 8 Bcf/d of transmission capacity.
Marketed: Foundation Energy Fund Operations 38-Well Package
Foundation Energy Fund IV-A LP et al retained EnergyNet for the sale of a 27 operated, 11 non-op package located in Logan and Weld counties, Colo.
Western Midstream Details Carbon-Management Initiative with Occidental
Analysts note that midstream operators of all sizes may have opportunities in CCUS.
Red Leaf, Ute Energy to Collaborate on Uinta Basin Projects
Red Leaf Resources and Ute Energy will jointly develop Uinta Basin assets, including a refinery and proposed transloading facility.
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.
Bob Simpson-led TXO Energy Partners IPO Exceeding Expectations
Formerly known as MorningStar Partners LP, TXO Energy is an MLP with primarily conventional-rock operations in the Permian Basin, New Mexico’s San Juan Basin and Colorado led by industry veteran Bob Simpson.
Strange Brew: 2022 M&A Neared Two-decade Low, but Large-cap E&Ps Sitting Pretty
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.