W&T Offshore Acquires ConocoPhillips Deepwater Assets In US Gulf
Transaction Type
Sellers
Buyers
Basin
US Gulf Of Mexico
Field
Magnolia Field
Announce Date
Post Date
Close Date
Estimated Price
20MM
Description
Purchased 75% working interest in and operatorship of the Magnolia Field, located in the central region of the deepwater US GoM, offshore LA; includes 11,500 gross (8,600 net) acres and 2,300 boe/d (82% oil) net production.