M&A Deal Summary |
|
|---|---|
| Date | 2019-12-12 |
| Target | ConocoPhillips - Oil-Weighted Producing Property |
| Sector | Oil/Gas Exploration |
| Buyer(s) | W&T Offshore |
| Sellers(s) | ConocoPhillips |
| Deal Type | Divestiture |
| Deal Value | 20M USD |
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| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Oil/Gas Exploration |
| Employees | 400 |
| Revenue | 525M USD (2024) |
W&T Offshore is an independent oil and natural gas acquisition, exploitation and exploration services. W&T Offshore was founded in 1983 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-01 |
W&T Offshore - Permian Basin Assets
Texas, United States W&T Offshore - Permian Basin Assets includes approximately 25,800 highly contiguous net acres in Andrews, Martin, Gaines and Dawson counties in West Texas. |
Sell | $376M |
| Category | Company |
|---|---|
| Founded | 1917 |
| Sector | Oil/Gas Exploration |
| Employees | 11,800 |
| Revenue | 54.7B USD (2024) |
ConocoPhillips is an integrated energy company with operations and activities across the world. ConocoPhillips was incorporated in 1917 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 11 |
| Sector: Oil/Gas Exploration M&A | 4 of 7 |
| Type: Divestiture M&A Deals | 7 of 10 |
| Country: United States M&A | 7 of 10 |
| Year: 2019 M&A | 1 of 1 |
| Size (of disclosed) | 7 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-22 |
Brazoria Interconnector Gas Pipeline
Houston, Texas, United States Brazoria Interconnector Gas Pipeline LLC is a 42-inch natural gas pipeline in Brazoria County, Texas, with a capacity of approximately 1.8 billion cubic feet per day. It extends 30.5 miles between Stratton Ridge on its south end to a point near Iowa Colony in northern Brazoria County. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-22 |
Kelt Exploration - Liquids-Rich Montney Acreage
Calgary, Alberta, Canada Kelt Exploration Ltd.'s Liquids-Rich Montney Acreage is is 140,000 net acres in the liquids-rich Inga-Fireweed asset Montney zone. |
Buy | $375M |