Deal Insight

Plains acquires Eagle Ford acreage for US$578 million

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

05 October 2010

Plains acquires Eagle Ford acreage for US$578 million

Report summary

Plains E&P has announced the acquisition of 60,000 net acres in the Eagle Ford Shale in South Texas for US$578 million. Most of the acquired acreage lies in Karnes County, straddling the oil-rich and gas-condensate windows of the play. Plains estimates net resource potential at 140-175 mmboe.The deal is aligned with Plains' strategic shift away from high risk and capital intensive operations in the Gulf of Mexico (GoM), towards onshore liquids-rich unconventional plays. Plains is ...

Table of contents

  • Executive summary
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 3 images and tables including:

  • Plains Eagle Ford Acreage
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

What's included

This report contains:

  • Document

    Plains acquires Eagle Ford acreage for US$578 million

    PDF 1012.38 KB