Acquisitions & Divestitures - Exclusives

Upstream A&D Stumbles Toward Second-Quarter Finish Line

After a breathtaking performance in the first quarter, the Permian Basin appears to have lost some of its steam heading into the end of the second.

Jun 23 2017 - 3:50pm

Jones Energy Exits Arkoma Basin, Sights Set On Merge Play

The sales price of Jones’ Arkoma assets was about 35% higher than an analyst’s estimates.

Jun 22 2017 - 3:45pm

Empire Building: EQT Targets Balance After $8.2 Billion Rice Conquest

EQT’s CEO says a second phase is emerging in the shale natural gas revolution—one that disavows a growth-at-any-cost model.

Jun 20 2017 - 3:10pm

Mexico Auctions Ten Of 15 Shallow-water GoM Blocks

The tender was held about six months after the country’s successful deepwater auction and comes amid a shaky market recovery.

Jun 19 2017 - 4:21pm

Oxy’s $1.2 Billion Permian ‘Land Swap’ Consolidates Position

Hess agreed to sell EOR assets to Oxy, which in turn parted with acreage at the ‘tail end’ of its inventory in separate deals totaling $600 million each.

Jun 19 2017 - 1:10pm

EQT, Rice Energy $8.2 Billion Merger Creates Northeast Gas Giant

The acquisition of Rice’s acreage and midstream business in the Marcellus and Utica is set to make EQT the largest producer of natural gas in the U.S.

Jun 19 2017 - 9:05am

Century-Old Stewart & Stevenson Bought By Kirby For $710 Million

Kirby Corp. sees the purchase as an opportunity to buy into the oilfield services recovery.

Jun 16 2017 - 2:58pm

Key Energy Services Sells Fracking And Well Testing Assets To Covenant

The deal with Covenant Testing Technologies divests a noncore asset while helping boost Key’s liquidity above $100 million.

Jun 16 2017 - 11:55am

Mexico's Second Oil Tender Yields The World's Attention

On June 19, Mexico's second oil tender kicks off with 36 players, 20 individual companies and 16 consortia trying to snag the best deal.

Jun 15 2017 - 1:39pm

Building Up In The Delaware Basin

Three midstream operators in the Delaware follow their buying spree by building up assets.

Jun 15 2017 - 6:19am

Midstream JV Gives WPX Outlet For Delaware Basin Growth

The JV pushes the value of WPX’s oil and gas infrastructure to $863 million and gives its long-term Delaware development a ‘competitive advantage,’ CEO Muncrief says.

Jun 14 2017 - 1:35pm

Titan Energy Disposes Of Rangely Field On Path To Eagle Ford

Combined with a sale announced in May, Titan Energy said it will eliminate $189 million in debt through deals so far in 2017.

Jun 12 2017 - 4:18pm