Deal Insight
Concho Resources increases Permian position through US$1 billion acquisition
This report is currently unavailable
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 10 images and tables including:
- Executive summary: Table 1
- Areas of current and emerging development in the Permian
- Upstream assets: Table 1
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Modelled development of acquired assets
- Deal value sensitivity to oil IP of key plays
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
What's included
This report contains:
Other reports you may be interested in
Insight
Beyond MVP: what if no more new pipes are built in the Northeast?
Market repercussions if no new pipeline were to be built in the US Northeast
$950
Asset Report
Eagle's Nest nickel project
A detailed analysis of the Eagle's Nest nickel project.
$2,250
Deal Insight
EQT acquires Tug Hill's Appalachian assets for US$5.2 billion
Upon close of the acquisition, EQT is set to produce over 1 million boe/d
$1,650
