Noble Energy, Inc. (ticker: NBL) has completed its acquisition of Clayton Williams Energy as of market close on April 24, 2017. In conjunction with the closing, Clayton Williams Energy became a wholly …
Permian-focused Parsley Energy (NYSE: PE) closed the acquisition of undeveloped acreage and producing oil and gas properties in the core of the Midland Basin from Double Eagle Energy Permian LLC for an aggregate purchase price of approximately $2.8 billion, consisting …
ConocoPhillips (ticker: COP) announced the sale of its San Juan Basin assets for $3 billion, the second large sale by the company in the last month. Privately …
Yuma Energy (ticker: YUMA) announced entry into the Permian Basin Wednesday, and also released fourth quarter results and reserves.
Yuma entered into a joint development agreement regarding 33,280 acres with two private …
Exco Resources (ticker: XCO) announced the sale of its South Texas assets on Monday, with an estimated closing cost of $300 million. Venado Oil & Gas will buy the property, adding …
Unit Corporation (ticker: UNT) announced the acquisition of 8,335 net acres in western Oklahoma for approximately $57 million. The acreage is located primarily in Grady and Caddo Counties, in the Hoxbar area of the …
Marathon Oil (ticker: MRO) announced the acquisition of 21,000 net acres in the Delaware basin today, with an estimated purchase price …
The most recent downturn in oil and gas prices has forced the industry to find the most economic acreage available in order to generate returns …
John Wood Group (ticker: WG) and Amec Foster Wheeler (ticker: AMFW) agreed to a merger today, combining the engineering services companies in a $2.7 billion deal. The …
More oil price stability and significant internal restructuring of the sector are the key drivers leading a recovery in energy M&A with a peak in …
Tellurian Investments and Magellan Petroleum announced the close of their merger on Friday, creating the company Tellurian Inc.
Tellurian (ticker: TELL) is the result of a reverse merger, with the private Tellurian Investments …
EQT Corporation (ticker: EQT) announced a $527 million acquisition in the Marcellus today, the latest in a series of acquisitions made by the company. In the transaction EQT will acquire 53,400 core Marcellus …
Parsley Energy (ticker: PE) announced the acquisition of 71,000 net acres in the Midland basin for $2.8 billion today, increasing its Permian acreage by 45%. The acreage will …
Everybody is getting into the action in the Permian basin and in the Delaware portion of the basin in particular.
Even Norway’s TGS-NOPEC Geophysical Company (ticker: TGS) has landed in the Permian. TGS announced today …
AltaGas Ltd. (ticker: ALA) and WGL Holdings, Inc. (ticker: WGL) announced on Jan. 25, 2017, they have entered into a definitive agreement and plan of merger for AltaGas to acquire WGL in an all …
ExxonMobil Corporation (ticker: XOM) announced that the company will more than double its Permian Basin resources to 6 billion BOE through the …
Noble Energy (ticker: NBL) announced Monday that the company has purchased Clayton …
WPX Energy (ticker: WPX) announced today that the company has acquired Panther Energy Company II, LLC and Carrier Energy Partners, LLC, expanding its footprint in …
2016 merger and acquisition activity for the upstream energy sector in the United States more than doubled to $69 billion in 385 deals, according to market research firm PLS.
Deal value increased 117% over …
Denver-based SM Energy (ticker: SM) announced Tuesday that the company has divested its non-operated Eagle Ford assets for $800 million.
SM has entered into a definitive agreement with …
Upstream oil and gas merger and acquisition (M&A) activity took a deep dive following the crash in oil prices in late 2014.
A combination of crude oil shedding more than half its value …
Oklahoma City-based Chesapeake Energy (ticker: CHK) announced Tuesday that the company has signed an agreement to sell the second of two non-core positions in the Haynesville. The northern Louisiana assets …
Total (ticker: TOT) is acquiring approximately 23% of Tellurian Investments, an early stage U.S. LNG export project that was founded by former Cheniere Energy (ticker: LNG) CEO Charif Souki and former …
Diamondback Energy (ticker: FANG) announced late Wednesday that the company has entered into a definitive purchase agreement to acquire all leasehold interests and related assets of Brigham Resources Operating, LLC and Brigham …
Callon Petroleum Company (ticker: CPE) announced late Tuesday that the company will add 27,552 gross …
Patterson-UTI Energy Inc. (ticker: PTEN) and Seventy Seven Energy Inc. (ticker: SVNT) today jointly announced that they have entered into a definitive merger agreement in which …
Calgary-based Precision Drilling Corp. (ticker: PDS) announced Tuesday that the company will swap its Canadian Coil Tubing operations for Essential Energy Services’ (ticker: ESN) service rig business. In addition to the swap …
Russia has sold a 19.5% stake in Rosneft, the world’s largest-listed oil company and a state-controlled asset, for €10.5 billion ($11.3 billion) President Vladimir Putin announced on television with Rosneft CEO Igor Sechin. The stake …
Oklahoma City-based Chesapeake Energy Corp. (ticker CHK) announced that the company signed an agreement to sell a portion of its Haynesville shale acreage and producing …
SM Energy (ticker: SM) announced Thursday after market close that the company has completed its previously announced divestiture of its Williston Basin assets located outside of Divide County, North Dakota to Oasis …
