M&A Deal Summary |
|
|---|---|
| Date | 2015-07-08 |
| Target | EFS Midstream |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Enterprise Products Partners |
| Sellers(s) |
Pioneer Natural Resources
Reliance Holding USA |
| Deal Type | Divestiture |
| Deal Value | 2.2B USD |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Oil/Gas Exploration |
| Revenue | 49.7B USD (2023) |
Enterprise Products Partners 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 | 16 of 20 |
| Sector (Oil/Gas Exploration) | 12 of 14 |
| Type (Divestiture) | 12 of 13 |
| State (Texas) | 6 of 9 |
| Country (United States) | 16 of 19 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-10-01 |
Oiltanking Partners
Houston,, Texas, United States Oiltanking Partners owns marine terminals on the Houston Ship Channel and the Port of Beaumont with a total of twelve ship and barge docks and approximately 24 million barrels of crude oil and petroleum products storage capacity on the Texas Gulf Coast. |
Buy | $4.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-24 |
Enterprise Products Partners - Offshore Pipeline and Services Business
United States Enterprise Products Partners - Offshore Pipeline and Services Business consists of drilling and development regions in the United States, including deepwater production fields in the Gulf of Mexico offshore Texas, Louisiana, Mississippi and Alabama. |
Sell | $1.5B |
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Oil/Gas Exploration |
| Employees | 2,076 |
| Revenue | 24.4B USD (2022) |
Pioneer Natural Resources is a large independent exploration and production company with a large position in the Permian Basin. Pioneer Natural Resources Company was formed through the 1997 merger of NGP Portfolio Company, MESA Inc., and Parker & Parsley Petroleum Company. Pioneer Natural Resources was founded in 1997 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Oil/Gas Exploration) | 1 of 3 |
| Type (Divestiture) | 1 of 4 |
| State (Texas) | 1 of 4 |
| Country (United States) | 1 of 4 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-04-07 |
Falcon property/ Mariner Energy
United States GOM Falcon-area deepwater projects. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-16 |
Devon Energy - 28 000 Acres Midland Basin
Oklahoma City, Oklahoma, United States Devon Energy - 28,000 Acres Midland Basin acreage is located in Martin, Midland, Upton, Reagan, Glasscock, Andrews, Dawson, Gaines and Howard counties in Texas. Current net production is approximately 1,000 barrels of oil equivalent per day (BOEPD), with oil comprising approximately 70% of the production. |
Buy | $435M |
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Oil/Gas Exploration |
Reliance Holding USA, Inc. engages in production of natural gas and liquids from various shale deposits in the United States.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
