The monthly updates are brought to you in collaboration with PLS Inc. The tables below include relevant information about oil and gas industry transactions mostly in the United States. Transactions are broken down by the months in which they were announced. Access monthly pdf links, or download an Excel file of transactions Year-to-Date. 

2012

2011

2010

February Highlights:

The largest oil and gas deal to take place during the 30-day period between December 16 and January 15 was Devon Energy's agreement with Sinopec International Petroleum Exploration & Production Corp. (SIPC) whereby SIPC will invest $2.2 billion in exchange for one-third of Devon's interest in five emerging North American unconventional plays.

The acreage encompasses 300,000 net acres in the Niobrara, 210,000 in the Mississippian, 235,000 in the Utica, 340,000 in Michigan, and 265,000 in the Tuscaloosa Marine Shale. "The total consideration of $2.5 billion implies a robust $5,500 per acre," noted Jefferies & Co. Inc. analysts following the announcement.

Another large deal, this one involving a foreign company and a private US-based company, made news during the 30-day timeframe. In early January, Marubeni Corp. became Japan's largest owner of American shale oil acreage when it announced its plan to acquire nearly 52,000 net acres in the Eagle Ford from Hunt Oil. While the acquisition cost was not reported, Evaluate Energy estimates total development costs (including acquisition costa on marubeni's shale basis) of nearly US$1.3 billion.

Read more about these and other transactions during the 30-day period by clicking the links below.

Table of Articles and Reports: