Deal Insight

WPX sells Piceance Basin assets to private equity-backed Terra Energy for US$910m

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

15 February 2016

WPX sells Piceance Basin assets to private equity-backed Terra Energy for US$910m

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:

  • Document

    WPX sells Piceance Basin assets to private equity-backed Terra Energy for US$910m

    PDF 1.07 MB

Other reports you may be interested in

Browse reports by Industry Sector