Professional M&A intelligence for the energy transition
Pioneer Natural Resources completed its $7.6 billion all-stock acquisition of Parsley Energy in January 2021, consolidating its position as the largest pure-play Permian Basin operator.
Pioneer Natural Resources Company (NYSE:PXD) acquired the leasehold interests and related assets of DoublePoint Energy for about $6.4 billion in May 2021. The deal added 97,000 net acres in the Midland Basin.
Chesapeake Energy completed its $2.2 billion acquisition of Vine Energy in November 2021, consolidating its position in the Haynesville Shale. Vine is focused on the development of natural gas properties in the over-pressured stacked Haynesville and Mid-Bossier shale plays in Northwest Louisiana.
Chesapeake Energy completed its $2.6 billion acquisition of Chief E&D Holdings and Tug Hill's affiliate in March 2022. The deal added approximately 113,000 net acres in the Marcellus Shale's prolific northeastern Pennsylvania core area.
Matador Resources Company (NYSE: MTDR) closed its $1.8 billion cash acquisition of EnCap-backed Ameredev II in September 2024. The deal added approximately 33,500 net acres in Lea County, New Mexico, and Loving and Winkler Counties, Texas, in the Delaware Basin. The transaction added 25,000-26,000 boe/d of production and 371 net operated drilling locations, with about […]
Vital Energy and Northern Oil and Gas jointly acquired Point Energy Partners from Vortus Investments for $1.1 billion in cash in September 2024. Vital took 80% of the assets while Northern took the remaining 20%. The deal added approximately 16,300 boe/d of production and 68,000 net acres in the Delaware Basin's Ward and Reeves counties. […]
Crescent Energy completed its acquisition of Ridgemar Energy's Eagle Ford operating assets for approximately $905 million in cash and stock in January 2025. The deal added 20,000 boe/d of production and 130 high-quality drilling locations in Central Eagle Ford. The transaction extended Crescent's Eagle Ford position in Frio, Atascosa, and McMullen counties, Texas, building on […]
Permian Resources completed its $4.5 billion all-stock acquisition of Earthstone Energy in November 2023, creating one of the largest pure-play Delaware Basin operators. The combined entity holds approximately 400,000 net acres with production above 300,000 boe/d. The deal added 223,000 net acres in the Delaware and Midland basins to Permian Resources' position. EnCap-affiliated funds and […]
Civitas Resources acquired Tap Rock Resources' Permian assets from NGP Energy Capital Management for $2.45 billion, marking its entry into the Delaware Basin. The deal added 30,000 boe/d of production and 47,000 net acres in Lea and Eddy counties, New Mexico.
Civitas Resources acquired NGP-backed Hibernia Energy III's Midland Basin assets for $2.25 billion in August 2023. The deal added 38,000 boe/d of production and 38,000 net acres in Reagan and Upton counties, Texas.