Chris
Mathews
Hart Energy
Transocean Scores $232MM Contract for Deepwater Atlas
Transocean’s newest $232 million ultra-deepwater contract follows the company’s $123 million contract for six wells offshore India by Reliance Industries.
Diamondback’s Viper Buys $1.1B in Permian Mineral, Royalty Interests
Diamondback subsidiary Viper Energy is spending $1.1 billion on a series of Permian Basin mineral and royalty acquisitions from Tumbleweed Royalty, which was formed by the executives behind Double Eagle Energy.
ONEOK Offers $7B in Notes to Fund EnLink, Medallion Midstream Deals
ONEOK intends to use the proceeds to fund its previously announced acquisition of Global Infrastructure Partners’ interest in midstream companies EnLink and Medallion.
Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
Marketed: Stone Hill Exploration and Production Four Well Package in Ohio
Stone Hill Exploration has retained EnergyNet for the sale of a four well package including two proved developed producing wells in Harrison County, Ohio.
Cibolo Energy Closes Fund Aimed at Upstream, Midstream Growth
Cibolo Energy Management LLC closed its second fund, Cibolo Energy Partners II LP, meant to boost middle market upstream and midstream companies’ growth with development capital.
Methanex to Buy OCI Global’s Methanol Business in $2.05B Deal
The agreement includes OCI Global’s stake in two methanol production facilities in Beaumont, Texas.
Post Oak-backed Quantent Closes Haynesville Deal in North Louisiana
Quantent Energy Partners’ initial Haynesville Shale acquisition comes as Post Oak Energy Capital closes an equity commitment for the E&P.
Pembina Acquires Gas Midstream Assets in US$295MM Deal
Pembina (PGI) is acquiring midstream assets in a CA$400 million (US$295million) agreement with Canada’s Veren Inc., which will continue to operate the acquired battery assets.
Service Companies Innovex, Dril-Quip Complete Merger
The combined onshore and offshore services companies Dril-Quip Inc. and Innovex Downhole Solutions, are expected to generate more than $1 billion in annual revenue.