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 1
- BOPCO Delaware acreage position
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Insight
Mind the gap: ExxonMobil’s proprietary proppant is a US Lower 48 differentiator
We believe petcoke could increase completion effectiveness and raise recovery by up to 15% when used across multiple wells on a pad.
$1,350
Asset Report
APA Corporation - Lower 48 upstream
Analysis of APA Corporation's Lower 48 assets.
$22,800
Asset Report
Montney key play
Detailed analysis of Montney production, well design, economics, operator strategy and subsurface.
$22,800
