Acquisitions & Divestitures

Marketed: Powder River Basin HBP Position, BXP Partners

BXP Partners is offering its HBP leasehold in the Powder River Basin through a sealed-bid offering handled by EnergyNet.

May 25 2017 - 3:05pm

Marketed: Delaware Basin Mineral Position, Florida Oil

The sale, handled by TenOaks Energy Advisors, comprises a core Delaware mineral acreage including more than 50 producing wells located in Loving and Winkler counties, Texas.

May 25 2017 - 1:55pm

Linn Energy Sells California Acreage, Bringing May Divestitures To $844 Million

Linn Energy has set its sights on the Scoop/Stack/Merge and other areas as the company sells off pieces of its 2.6 million-acre kingdom.

May 24 2017 - 1:05pm

Crestwood, First Reserve JV To Expand Delaware Basin Processing Capacity With New Project

The JV has fully sanctioned the construction of the 200 MMcf/d plant near Orla, Texas, and related infrastructure required to connect the Willow Lake system to the plant and multiple third-party pipelines.

May 24 2017 - 10:45am

DONG Energy To Sell Oil, Gas Business To Ineos For $1.3 Billion

DONG Energy agreed to sell its oil and gas business to petrochemicals firm Ineos for $1.3 billion, it said May 24, the latest in a string of North Sea deals.

May 24 2017 - 6:50am

Abraxas Stitches On Low-Priced Delaware Basin Acreage

The company paid one-third to one-half average Ward County, Texas, prices for the position.

May 23 2017 - 4:00pm

Auction: BLM Offers 398,000 Acres In Eight States

In seven separate auctions handled by EnergyNet, leasehold will be up for bid in Arkansas, Colorado, Montana, Nevada, Oklahoma, Texas, Utah and Wyoming.

May 23 2017 - 8:55am

BHP Hires Barclays To Divest US Shale Gas Assets, Sources Say

BHP Billiton has hired Barclays to divest its U.S. Fayetteville shale gas assets as the miner seeks to fend off an attack by activist funds, two sources close to the matter said May 23.

May 23 2017 - 7:30am

Pressure Cooker: Keane Group’s $285 Million Deal Adds Permian, Bakken Horsepower

Amid industry consolidation, Colorado’s RockPile Energy Services will augment Keane’s services primarily in the Permian Basin and the Bakken.

May 19 2017 - 1:42pm

Shell Seeks To Sell Tunisian Gas Fields For $500 Million

In 2015, the Miskar and Hasdrubal gas fields produced 30,000 barrels of oil equivalent per day, according to BG Group's annual report of the same year, Reuters said.

May 19 2017 - 9:22am