M&A Deal Summary |
|
|---|---|
| Date | 2025-08-06 |
| Target | Occidental - Natural Gas Gathering Affiliate |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Enterprise Products Partners |
| Sellers(s) | Occidental Petroleum |
| Deal Type | Divestiture |
| Deal Value | 580M USD |
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| 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 | 21 of 21 |
| Sector: Oil/Gas Exploration M&A | 15 of 15 |
| Type: Divestiture M&A Deals | 14 of 14 |
| State: Texas M&A | 10 of 10 |
| Country: United States M&A | 20 of 20 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 5 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-21 |
Piñon Midstream
Houston, Texas, United States Piñon Midstream is a midstream services provider focused on sour gas treating and carbon capture in the Delaware Basin of New Mexico and West Texas. Piñon offers producers in the region a full menu of sour gas services that include field gathering and treating for removal of hydrogen sulfide (“H2S”) and carbon dioxide (“CO2”). Piñon Midstream was founded in 2020 and is based in Houston, Texas. |
Buy | $950M |
| Category | Company |
|---|---|
| Founded | 1920 |
| Sector | Oil/Gas Exploration |
| Employees | 11,800 |
| Revenue | 26.7B USD (2024) |
Occidental Petroleum is an oil and gas exploration and production company that provides applying advanced technology to boost production and access hard-to-recover reserves. Occidental Petroleum was founded in 1920 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector: Oil/Gas Exploration M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 5 of 6 |
| State: Texas M&A | 2 of 3 |
| Country: United States M&A | 5 of 6 |
| Year: 2025 M&A | 1 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-11 |
CrownRock
Midland, Texas, United States CrownRock is an independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. CrownRock operations are primarily focused on the development of its core Permian Basin assets. CrownRock was founded in 2007 and is based in Midland, Texas. |
Buy | $12.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-02 |
OxyChem
Houston, Texas, United States OxyChem is a global manufacturer of commodity chemicals vital to quality of life, with applications in water treatment, pharmaceuticals, healthcare, and commercial and residential development. |
Sell | $9.7B |
