Deal Insight
WPX sells Piceance Basin assets to private equity-backed Terra Energy for US$910m
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Report summary
The included assets are located entirely within the Piceance Basin, where the company has approximately 500 mmcfd of flowing production on 200,000 net acres. More than 90% of the acquired acreage is held by production with average working interest at 84%. The majority of flowing production comes from both the Valley and the Highlands of the Mesaverde formation, but the acreage is also prospective for the Niobrara.
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 8 images and tables including:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Piceance Basin wells - Top operators
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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