Finance - Acquisitions Divestitures

TPG Growth To Acquire D-J Basin-Focused Discovery Midstream

TPG Growth, an affiliate of private equity firm TPG, entered an agreement to acquire Dallas-based Discovery Midstream, which has an asset position in Colorado's Denver-Julesburg Basin.


Noble To Sell Delaware, D-J Midstream In $270 Million Dropdown

The midstream dropdown is expected to push Noble's divestiture proceeds year-to-date to more than $2 billion--well above the company's $1 billion goal, a RBC analyst says.


EQT, Rice Energy $8.2 Billion Merger Creates Northeast Gas Giant

The acquisition of Rice’s acreage and midstream business in the Marcellus and Utica is set to make EQT the largest producer of natural gas in the U.S.


Sources: BP Energy Partners Selling Pinnacle Midstream

BP could sell Pinnacle Midstream for $300M, sources estimate.


H2O Midstream Acquires Encana's Permian Produced Water Assets

H2O Midstream's acquisition is concurrent with the execution of an acreage dedication based midstream water services agreement with Encana for a portion of its Permian Basin position.


Midstream JV Gives WPX Outlet For Delaware Basin Growth

The JV pushes the value of WPX’s oil and gas infrastructure to $863 million and gives its long-term Delaware development a ‘competitive advantage,’ CEO Muncrief says.


The Rise And Sale Of EagleClaw, A Southern Delaware Gas Mover

As operators focus on extracting the rich reservoirs of oil offered by the southern Delaware Basin, EagleClaw Midstream is building a system to capture and monetize the gas.


SemGroup To Buy Terminal On Houston Ship Channel For $2.1 Billion

Deal for 16.8 million barrel terminal gives SemGroup a major presence on the Houston Ship Channel.


Evolution Midstream To Acquire Powder River Gas Gathering Assets From Lucid

Evolution Midstream will acquire the Rowdy Gas Gathering System in the heart of the Powder River Basin, where activity has recently been on the rise.


USD Partners Acquires Oklahoma Terminal To Support Oil Sands Production

USD Partners said June 5 it acquired a crude oil terminal in Oklahoma to support growing oil sands production in Western Canada.


Crestwood, First Reserve JV To Expand Delaware Basin Processing Capacity With New Project

The JV has fully sanctioned the construction of the 200 MMcf/d plant near Orla, Texas, and related infrastructure required to connect the Willow Lake system to the plant and multiple third-party pipelines.


Noble Energy’s $765 Million Midstream Deal To Pay Delaware Basin Tab

Quantum Energy Partners again buys Noble’s Appalachia assets in two deals valued at $1.9 billion.