Investment Summary |
|
|---|---|
| Date | 2024-08-21 |
| Target | Piñon Midstream |
| Sector | Oil/Gas Exploration |
| Investor(s) | Enterprise Products Partners |
| Sellers(s) | Black Bay Energy Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 950M USD |
| Advisor(s) | Piper Sandler & Co. (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Oil/Gas Exploration |
| Revenue | 56.2B USD (2024) |
Enterprise Products Partners is a major North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals. Enterprise Products Partners was incorporated in 1968 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 21 |
| Sector: Oil/Gas Exploration M&A | 14 of 15 |
| Type: Add-on Acquisition M&A Deals | 7 of 7 |
| State: Texas M&A | 9 of 10 |
| Country: United States M&A | 19 of 20 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-10 |
Navitas Midstream
The Woodlands, Texas, United States Navitas Midstream is a producer-focused midstream company that provides a full slate of midstream services including gathering, treating, processing, fractionation, and pipeline transportation of natural gas, natural gas liquids, condensate and crude oil. Navitas Midstream is based in The Woodlands, Texas. |
Buy | $3.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-06 |
Occidental - Natural Gas Gathering Affiliate
Houston, Texas, United States Occidental's Natural Gas Gathering Affiliate includes certain natural gas gathering systems in the Midland Basin, as well as approximately 200 miles of natural gas gathering pipelines. Occidental's Natural Gas Gathering Affiliate is based in Houston, Texas. |
Buy | $580M |
Black Bay Energy Capital is an energy private equity firm focused on the North American oilfield service sector. Black Bay looks to invest up to $30 million of equity capital in businesses managed by talented entrepreneurs that provide a differentiated product or service to the industry. Black Bay Energy was established in 2016 and is headquartered in New Orleans, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-16 |
Capture Energy
Oklahoma City, Oklahoma, United States Capture Energy is a technology-driven provider of patent-pending equipment solutions for oil & gas production facilities. The company's flagship product, the Capture Compressor, is designed to reduce producers’ emissions footprint without sacrificing operational efficiency or project economics, powered by energy already created on location – no electricity required, and zero emissions released. Capture Energy is based in Oklahoma City, Oklahoma. |
Buy | - |
