M&A Deal Summary |
|
---|---|
Date | 2016-09-12 |
Target | Freeport-Mcmoran Gulf Of Mexico Assets |
Sector | Oil/Gas Exploration |
Buyer(s) | Anadarko Petroleum |
Sellers(s) | Freeport-McMoRan |
Deal Type | Divestiture |
Deal Value | 2.0B USD |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1959 |
Sector | Oil/Gas Exploration |
Employees | 5,800 |
Revenue | 12.9B USD (2018) |
Anadarko Petroleum Corp. is an independent oil and natural gas exploration and production company. Anadarko Petroleum was formed in 1959 and is based in The Woodlands, Texas.
DEAL STATS | # |
---|---|
Overall | 11 of 11 |
Sector (Oil/Gas Exploration) | 10 of 10 |
Type (Divestiture) | 2 of 2 |
Country (United States) | 8 of 8 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 3 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-02-24 |
Springfield Pipeline
Houston, Texas, United States Springfield Pipeline LLC consists of 548 miles of gas gathering lines with a capacity of 795 MMcf/d and 241 miles of oil gathering lines with a capacity of 130 MBbls/d, located in Dimmit, La Salle, Maverick and Webb Counties in South Texas. |
Sell | $750M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-11-08 |
Western Gas Partners
The Woodlands, Texas, United States Western Gas Partners LP owns, operates, acquires and develops midstream energy assets. WES is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids and crude oil for Anadarko, as well as third-party producers and customers. |
Sell | $4.0B |
Category | Company |
---|---|
Founded | 1987 |
Sector | Metals/Mining |
Employees | 27,200 |
Revenue | 22.9B USD (2023) |
Freeport-McMoRan is an international natural resources company. Freeport-McMoRan operates large, long-lived, geographically diverse assets with reserves of copper, gold, molybdenum, cobalt, oil and gas. Freeport-McMoRan was founded in 1987 and is based in Phoenix, Arizona.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Oil/Gas Exploration) | 1 of 1 |
Type (Divestiture) | 2 of 2 |
Country (United States) | 2 of 2 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-05-08 |
The Lucius oil field
United States Lucius will produce oil and gas through a truss spar floating production facility. The spar will be 605ft long and 110ft in diameter. It will be installed in 7,100ft of water. It will have a nameplate capacity of 80,000 barrels of oil a day (BOPD) and 450 million cubic feet of gas a day (mcf/d). The hull will weigh approximately 23,000t. The topsides will have an initial payload of 15,000t. |
Buy | $1.4B |