Deal Insight
Concho Resources increases Permian position through US$1 billion acquisition
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Concho recently announced the acquisition of Three Rivers' Permian assets for US$1 billion in cash. The deal highlights an increasing interest in the oil rich Permian Basin as operators focus their efforts on liquids production. Three Rivers holds 200,000 net acres prospective for several unconventional resource plays including the Bone Spring, Wolfberry, Wolfcamp and Cline. The acquired assets hold proved reserves of 58 mmboe (50% oil) and currently produce 7,000 boe/d.We value the ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
-
Deal analysis
- Modelling assumptions
- Upsides and risks
-
Strategic rationale
- Three Rivers
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1Areas of current and emerging development in the PermianUpstream assets: Table 1
-
Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2Modelled development of acquired assetsDeal value sensitivity to oil IP of key playsDeal analysis: Table 1Deal analysis: Table 2Deal analysis: Table 3
What's included
This report contains:
Other reports you may be interested in
Asset Report
ExxonMobil - Lower 48 upstream
A valuation of ExxonMobil's Lower 48 assets.
$22,800
Insight
US upstream in brief: Alaska lease sales haul in $18.4 million
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Asset Report
KNOC British Columbia
Korea National Oil Corporation (KNOC) entered western Canada in December 2009, through the acquisition of Harvest Energy Trust for a ...
$3,720
