Acquisitions & Divestitures - Joint Ventures

WildHorse Lands $8 Million Grant For DOE Study In Eagle Ford Shale

WildHorse Resource Development Corp. (NYSE: WRD) said on Jan. 18 it has been selected for a department of energy study, alongside the Texas A&M Engineering Experiment Station (TEES), to develop a new field laboratory in the Eagle Ford Formation.

January 19, 2018

Noble Midstream Partners, Greenfield Midstream Form JV To Buy Saddle Butte Pipeline

New JV purchases pipeline for $625 million.

December 12, 2017

Comstock Resources Expands Haynesville Shale JV With Bossier Wells

The JV between Comstock and a NextEra subsidiary, USG Properties, will now include four wells targeting the Bossier Formation in Sabine Parish, La.

October 11, 2017

Chaparral Energy Supercharges Stack Capex With JV

Chaparral will temporarily trade much of its working interest to Bayou City Energy in exchange for up to $100 million in capex.

September 27, 2017

GulfSlope, Texas South Energy To Form GoM JV With 'Large, International' Partner

The Houston-based companies executed an exclusive letter of intent for a joint venture with the undisclosed partner to jointly drill and develop their oil and gas prospects located offshore GoM.

September 20, 2017

IOG’s $130 Million In Deals Boost Eagle Ford, Arkoma E&Ps

The DrillCo deals, which trade interests for working capital, include Earthstone Energy’s Eagle Ford drilling in southern Gonzales County, Texas.

September 18, 2017

Jericho Oil Enters Anadarko Basin Stack Play With JV Acquisition

Under the agreement, Jericho will invest up to $9 million in acquisition and development capital to acquire a roughly one-third interest in the JV, marking the company's entry into the Stack play.

September 5, 2017

Microsoft, Halliburton Partner To Digitally Transform Energy Industry

The relationship will combine the expertise of Microsoft in cloud and digital transformation with Halliburton's E&P science, software and services technology.

August 22, 2017

Nigeria’s State Oil Company Agrees To $700 Million Joint Venture

NNPC said it had a tripartite agreement with local Nigerian energy firm and international oil services company Schlumberger to develop the Anyala and Madu fields.

June 30, 2017

How To Make Your JV ‘Marriage’ Work

Like in a marriage, partners in an energy JV must plan ahead, communicate and develop trust.

June 28, 2017

Schlumberger Forms JV To Develop Production Optimization System

Schlumberger formed a JV with HEAL Systems, formerly Production Plus Energy Services, to develop the company's production optimization technology and business in the U.S. and Canada.

June 20, 2017

EP Energy, Tesoro Launch JV To Drill Uinta Basin Oil Wells

The deal provides capital for EP to drill the Altamont Field and secures an oil supply for Tesoro’s refinery in Salt Lake City.

May 25, 2017