Acquisitions & Divestitures

Energy 11’s Final Deals? Company Spends $180 Million In Williston

The company’s management and owners are creating a new investment vehicle to acquire oil and gas properties.

Mar 28 2017 - 4:25pm

Water Services Firms Rockwater, Crescent Agree To $207 Million Merger

Together, Rockwater and Crescent will create one of the largest oilfield water management services companies serving key shale plays across the U.S. and Western Canada, according to the release.

Mar 28 2017 - 4:05pm

Schlumberger Takes Stake In Borr Drilling, CEO Says

The investment was made through a newly created venture fund, which has the ultimate goal of securing more activity for Schlumberger, CEO Paal Kibsgaard said in a statement.

Mar 28 2017 - 7:55am

Schlumberger, Weatherford JV Creates $3.8 Billion Frack Leviathan

The JV, called OneStim, will rival Halliburton’s frack fleet in the U.S. and Canada and further shrinks the pressure pumping marketplace to the detriment of smaller companies, an analyst said.

Mar 27 2017 - 4:02pm

Former Anadarko CEO Latest Headliner In $1 Billion ‘Blank-Check’ IPO

Since former EOG Resources’ CEO Mark Papa’s debut blank-check company in February 2016, special-purpose acquisition companies have raised more than $1.5 billion.

Mar 27 2017 - 10:33am

Marketed: Producing South Texas Assets, EnerVest

The offer consists of operated interest in 47 active wells producing from the Navarro Formation in the Charlotte Waterflood Field in Atascosa County, Texas.

Mar 27 2017 - 8:20am

Schlumberger, Weatherford To Form OneStim JV

The JV will offer 'one of the broadest multistage completions portfolios in the market combined with one of the largest hydraulic fracturing fleets in the industry,' according to the release.

Mar 24 2017 - 3:45pm

Proppant Suppliers Deal For Sand To Meet Rising E&P Meet Demands

Sand costs are rising and many sand companies, such as U.S. Silica, are seeing supplies sold out as proppant loading increases.

Mar 24 2017 - 2:53pm

Marketed: Operated, Producing Property, Concho County, Texas

Mercury Operating is offering properties in the Don Pfluger Field in Concho County, Texas, through a private sale handled by Oil & Gas Asset Clearinghouse.

Mar 24 2017 - 10:10am

A&D Firm EnergyNet Receives Investment From MPK Equity Partners

EnergyNet said the new funding will support the company's efforts to further expand its leadership position in oil and gas A&D services and the online energy marketplace.

Mar 24 2017 - 10:05am