Sporadic deal flow and the emergence of minerals companies highlight 2022 — a year that started out with swagger before the war in Ukraine upended commodity prices.
Natural gas pipeline and storage assets serve Dallas-Fort Worth region.
Also in this week's A&D Minute: Devon Energy and Delfin Midstream partner to develop Delfin's first floating LNG project
Here’s a snapshot of recent energy deals including the sell of Aera Energy, one of California’s largest oil and gas producers, by Exxon Mobil and Shell plus the debut of Permian Resources Corp.
Capricorn says it is in talks with other potential partners, following investor resistance to Tullow deal.
"We believe the merger is the logical next step in the continued evolution of the minerals space and creates an entity of scale with ever improving liquidity and float, as well as a streamlined cost structure that further reinforces the scalability of our industry," Brigham CEO Rob Roosa said of the company's merger with Sitio Royalties.
Newly formed Permian Resources is the largest pure-play E&P company in the Delaware Basin with roughly 180,000 net acres across southeastern New Mexico and West Texas.
Here’s a snapshot of recent energy deals including a $700 million JV between Schlumberger, Aker Solutions and Subsea 7 plus Helix Energy Solutions acquires Gulf of Mexico leases from Murphy Oil.
Also in this week’s A&D Minute: Brigham Minerals acquires the “highest quality Midland Basin package” it ever evaluated and Riverbend Energy Group pursues multiple oil and natural gas basin acquisitions.
Bargain purchases could potentially become more prevalent now and in the near future in certain sectors of the energy industry, including exploration and production. Find out why.