Deal Insight
Diamondback buys Delaware Permian assets from Brigham Resources for US$2.4 billion
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 14 December 2016, Diamondback Energy announced the acquisition of southern Delaware player Brigham Resources for US$2.43 billion in a combination of cash (US$1.62 billion) and equity (US$0.81 billion). Brigham Resources has amassed 76,319 net acres across Reeves and Pecos counties, with flowing production of 9,482 boe/d (77% oil) from the Wolfcamp and Bone Spring tight oil plays. Additionally, Diamondback will acquire midstream infrastructure valued at US$50 million and mineral rights ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1Diamondback Delaware acquisitions and Midland operated wellsOffset operators average type curve in Reeves/Pecos counties
-
Upstream assets: Table 1Deal analysis: Table 1Deal analysis: Table 2Deal analysis: Table 3Deal analysis: Table 4Oil & 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
Insight
US upstream in brief: Transocean-Valaris merger creates Gulf of America drilling giant
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
APA Corporation - Lower 48 upstream
Analysis of APA Corporation's Lower 48 assets.
$22,800
