Deal Insight
Diamondback buys Delaware Permian assets from Brigham Resources for US$2.4 billion
*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 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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