mergers and acquisitions
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High prices for untapped drilling locations in the Permian Basin have sparked some new trends in the tight oil dealmaking space.
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The acquisition marks a significant step forward in H&P’s international expansion strategy.
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The $900-million purchase will give Woodside a US LNG footprint and expand the operator’s LNG presence.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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The deal significantly expands the company’s position in the Bakken Shale play of North Dakota.
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By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.
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The acquisition underscores the rapid rise of the unconventional oil play in northeastern Utah that producers claim offers better margins than the Permian Basin.
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After another year of significant consolidation in the US shale sector, Enverus has released its annual list of the nation's largest private exploration companies.
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Supermajor expands its global LNG footprint in a deal that will grow its presence in Asia and Europe.
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The Dallas-based tight oil producer will gain 33,500 acres and approximately 25,500 BOE/D from the latest deal to reshape the US shale sector.