Tag: mergers

Tight inventory of deepwater assets driving prices higher

Tight inventory of deepwater assets driving prices higher

40% of global shallow-water oil/gas assets located for sale in Europe Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit.  “Low oil prices have significantly reduced operator spending on exploration—particularly in the deepwater, which is very costly,” […]

By November 2, 2017 0 Comments Read More →
Upstream oil/gas players grapple with uncertainty – Wood Mackenzie

Upstream oil/gas players grapple with uncertainty – Wood Mackenzie

Wood Mackenzie survey gauges the state of the industry The oil and gas industry is facing a challenging year. Oil prices remain volatile, and uncertainty remains about whether prices will recover from around US$50/bbl, according to Wood Mackenzie. Across the upstream sector, companies are considering their next investments, while weighing how to remain profitable in […]

Global upstream oil and gas M&A activity surges to $61 Billion

Global upstream oil and gas M&A activity surges to $61 Billion

For upstream oil deals valued over $100 million in Permian, 9 were in Delaware Basin versus 5 in Midland Basin Q1 2017 global upstream oil and gas M&A transaction value was $61 billion, the strongest first quarter in the past ten years and almost half the $130 billion in 2016, according to oil and gas […]

US oil/gas industry raised $186 billion through public offerings in 2016

US oil/gas industry raised $186 billion through public offerings in 2016

2017 pace picking up on rebounding commodity prices, surge in M&A activity Depressed oil prices took the wind out of US oil and gas capital markets in 2016, according to a new report from PLS Inc., a Houston-based oil and gas research firm. Report highlights: 2016 aggregate value of $186 billion across 346 bond and equity […]

By February 14, 2017 0 Comments Read More →
US$40 billion of opportunities in Asia-Pacific upstream M&A in 2017

US$40 billion of opportunities in Asia-Pacific upstream M&A in 2017

Gas demand from emerging markets in Asia-Pacific will have significant opportunities for LNG demand growth Asia-Pacific’s upstream sector holds up to US$40 billion worth of opportunities in 2017 as oil majors continue to divest mature and mid-life assets in the region, according to a research by Wood Mackenzie. BP, Chevron and other majors have divested tail-end […]

By January 23, 2017 0 Comments Read More →
Tall City Exploration case study: Permian Basin hotbed of deal-making

Tall City Exploration case study: Permian Basin hotbed of deal-making

Tall City Exploration sold 78,000 acres of Permian Basin assets to for $1.1 billion to Chinese company Oil and gas mergers and acquisitions in the US Lower 48 were down 70 per cent in 2015 over 2014 (50 per cent lower on the 10-year average), according to Wood Mackenzie, but deals can still be made in the Permian Basin of West Texas. […]

By January 8, 2017 0 Comments Read More →
Permian Basin acreage hotter than 4th of July in Midland; $20 Billion spent – IHS

Permian Basin acreage hotter than 4th of July in Midland; $20 Billion spent – IHS

Permian Basin M&A activity accelerates as companies seek profitability at current prices Driven by the potential for profit at current oil prices, oil and gas companies are clamoring for more acreage in the Permian Basin and its sub-plays, spending close to $20 billion year-to-date in 2016, according to new analysis from IHS Markit. The spending […]

By December 5, 2016 0 Comments Read More →
Corporate funding in solar sector down 41% from Q1 – Mercom Capital

Corporate funding in solar sector down 41% from Q1 – Mercom Capital

More than 2 GW of solar projects were acquired in Q2 compared to 2.4 GW in Q1 AUSTIN, Texas – Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition activity for the solar sector in the second quarter of 2016. Total corporate funding, including venture capital […]

Volatility, disruption driving transformation in energy sector – KPMG Survey

Volatility, disruption driving transformation in energy sector – KPMG Survey

51% of oil/gas executives say restructuring/bankruptcy opportunities will be primary driver of acquisition activity The vast majority of energy executives (94%) say continued volatility in commodity pricing coupled with the regulatory environment will require significant changes to their business models over the next three to five years, according to the results of the 2016 Energy Industry […]

US upstream oil/gas M&A to surge in 2016 following 73% plunge in 2015

US upstream oil/gas M&A to surge in 2016 following 73% plunge in 2015

Upstream North American shale plays were hard hit: total value of shale transactions just $29 billion, down from $71 billion in 2015 HOUSTON, Texas – Upstream merger and acquisition (M&A) activity is set to rebound from its record low in 2015, according to a new study from oil and gas information and insight provider 1Derrick. […]

By January 7, 2016 0 Comments Read More →