Acquisitions & Divestitures - Joint Ventures

Ares Management, ARM Energy Form JV To Develop Delaware Basin Midstream Company

Salt Creek will primarily be comprised of multiple cryogenic processing facilities, as well as gas and crude gathering pipelines, compression and treating facilities in the Delaware.

April 16, 2018

Chevron Green Lights Gorgon LNG Expansion Off West Australian Coast

Chevron Corp. (NYSE: CVX) will proceed with the second stage of its giant Gorgon LNG export plant off the northwest coast of Western Australia, the company said on April 14.

April 16, 2018

ExxonMobil, Qatar Reportedly In Talks For Potential US Shale Deal

The deal could take the shape of a joint venture in which Qatar could partner or invest in future wells with ExxonMobil's unit XTO Energy, the Wall Street Journal said.

April 10, 2018

Scrimmage Line: Comstock Sells Eagle Ford; Picks Up Cowboys Owner’s Cash

Dallas Cowboys owner Jerry Jones will invest $75 million in Comstock, but analysts throw down a penalty flag on Comstock’s Eagle Ford Shale divestiture and dilutive refinancing efforts.

April 3, 2018

Mach Resources Closes Acquisition Of Chesapeake's Mississippi Lime Assets

The transaction, which represents one of the three Midcontinent sales agreements Chesapeake disclosed earlier this year, includes operated producing properties concentrated in Woods and Alfalfa counties, Okla.

April 3, 2018

Oil Drilling Down On DrillCos

The game remains the same for drilling joint ventures in the oil and gas industry—only the players have changed, energy lawyer from Gibson, Dunn & Crutcher says.

March 26, 2018

Tom Ward Returns To Midcontinent Spotlight With Private-Equity Backing

The founder and former top executive of several E&Ps including Chesapeake, SandRidge and Tapstone will partner with Bayou City Energy to hunt for acquisitions in Oklahoma and Kansas.

March 20, 2018

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