Joint Ventures

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

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

Recent Moves Highlight Evolution Of PE In Midstream

Two segments—smaller producers and water services—are providing investment opportunities, especially in the prolific Permian Basin.

Feb 27 2017 - 2:10pm

YPF, Shell Sign Deal For Vaca Muerta Pilot Project

Both companies will take a 50% stake in the Bajada de Añelo Field to develop a pilot program, which will be operated by Shell, YPF said in a statement. The agreement is subject to approval by provincial authorities, and Shell’s investment will come in two phases, YPF said.

Feb 24 2017 - 8:23am

After Prosperous 2016, Private Equity Makes Its Plays

In fourth-quarter 2016, nearly all of the $11.9 billion in transactions were made by public companies purchasing from private-equity firms.

Feb 22 2017 - 4:16pm

Black Stone Minerals Forms JV For Haynesville/Bossier Wells

The agreement with Canaan Resource Partners covers certain Haynesville and Bossier shale acreage in the Shelby Trough operated by XTO Energy Inc.

Feb 22 2017 - 3:05pm

Matador’s Midstream JV Plugs Delaware Capex Hole

Matador’s JV with a private company far exceeds analyst estimates, who considered the midstream infrastructure worth $250 million or so.

Feb 17 2017 - 3:45pm

California Resources To Accelerate Activity With $250 Million JV

The Los Angeles-based company formed a joint venture with Benefit Street for the investment of up to $250 million for the development of opportunities in its conventional and unconventional assets.

Feb 16 2017 - 4:25pm

Without Delays, DAPL Financial Deals Fall Into Place

ETP, MPLX and Enbridge complete transactions on the Bakken Pipeline System.

Feb 16 2017 - 10:57am

Noble, Plains All American JV Acquires Delaware Basin Pipeline

The deal is the latest sign of midstream efforts to keep pace with Southern Delaware development.

Feb 13 2017 - 12:14pm

Pages