Deal Insight
ExxonMobil doubles its Permian resource position with US$5.6 billion Delaware 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
On 17 January, ExxonMobil announced that it will gain roughly 250,000 net acres in the Permian Basin through the acquisition of Bass family-owned companies. The consideration consists of an upfront payment of US$5.6 billion in ExxonMobil shares, plus a series of contingent cash payments beginning in 2020, totalling up to US$1 billion. The new acreage will more than double the company's current Permian resource base, adding a potential 3.4 billion boe. The majority of the acquired ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- ExxonMobil
- Bass family
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1BOPCO Delaware acreage positionUpstream assets: Table 1
-
Deal analysis: Table 1Deal analysis: Table 2Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2
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: Baytex divests Eagle Ford for US$2.3 billion to focus on Canadian operations
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Country Report
Permian region overview
Analysis of regional trends including well productivity, investment, and activity forecast
$8,100
