Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.
Pioneer Natural Resources was central to a wave of U.S. shale dealmaking, but deal-mania is mostly over because of a lack of cash and worries about future demand, says CEO Scott Sheffield.
This is latest shale gas deal in the Haynesville basin following Southwestern Energy's $2.7 billion acquisition of Indigo Natural Resources earlier this year.
Here’s a snapshot of recent energy deals including Enbridge’s $3 billion purchase of the largest crude export terminal in North America located along the Texas Gulf Coast.
The M&A that has occurred over the past year reveal three main strategies U.S. independent E&Ps are pursuing to remain viable, according to Wood Mackenzie analyst David Clark.
Here’s a snapshot of recent energy deals including the closing of Hess’ Denmark asset sale, a $150 million Permian Basin JV and another multimillion-dollar deal by Enerplus in the Williston Basin.
Here’s a snapshot of recent energy deals including the sale of Basic Energy Services’ California business to Berry in a bankruptcy auction plus Diversified Energy’s continued Haynesville expansion with a $154 million deal.
RED President Steve Hendrickson describes his observations from this year’s NAPE Summit in Houston including fewer unconventional deals, prominent conventional prospects and renewables attracting attention.
Expect cybersecurity to be a larger part of the way in which deals between oil and gas companies are evaluated.
It’s likely that the BHP deal with Woodside signals that the era of paying premiums to acquire oil and gas assets is over. From now on, companies seeking to offload these type of assets might be forced to accept ever-diminishing prices.