Also in this week’s A&D Minute: what does the Winter Storm Uri have to do with Williams’ purchase of NorTex Midstream and why analysts are calling EQT’s $5.2 billion deal a cash cow.
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.
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.
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.
With $2.6 billion in acquisitions this year, Devon Energy has made its first expansions since Devon and WPX merged in January 2021. Still, COO Clay Gaspar said the industry remains “fractured.”
Here’s a snapshot of recent energy deals including Phillips 66 offer to buy DCP Midstream in $3.1 billion cash deal plus Brigham Minerals’ largest acquisition to date.
Also in this week’s A&D Minute: Warren Buffett receives the green light to buy half of Occidental Petroleum plus Phillips 66 offers a cash buyout to DCP Midstream in a “joint venture merger” with Enbridge.
Here’s a snapshot of recent energy deals including the sale of Laredo Petroleum’s Howard County properties in the Permian Basin to Northern Oil and Gas for $110 million.
Here’s a snapshot of recent energy deals including Devon Energy’s $1.8 billion cash acquisition of Eagle Ford Shale operator Validus Energy and a $555 million Permian Basin deal by Apache.