Deal Insight
Diamondback buys Delaware Permian assets from Brigham Resources for US$2.4 billion
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 10 images and tables including:
- Executive summary: Table 1
- Diamondback Delaware acquisitions and Midland operated wells
- Offset operators average type curve in Reeves/Pecos counties
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deal analysis: Table 4
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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