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Global database of asset and corporate transactions across Upstream, Midstream, Oil Field Services and Downstream. more...
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Data points reported by operators in US onshore basins and plays for Capex, Rigs, Drilling Plans, Production, Reserves, Acreage, Well Results, Well Parameters and Economics. more...
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About us
1Derrick serves more than 150 clients including oil and gas majors, independent E&P companies, several blue chip PE firms, top investment banks and consulting firms.
1Derrick has offices in New York, Houston, London, Singapore and Bangalore.
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TESTIMONIALS
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1Derrick has an intuitive understanding of what Oil and Gas Business Development teams need.
Large Cap Oil and Gas Company
VP
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Finally, someone has noticed the glaring gap in US Onshore E&P acreage data and actually done something about it. 1Derrick's US Onshore Maps Database is not just an elegant product, it is hugely informative. By mining and aggregating our competitors' own public disclosures and mapping them in one single database, 1Derrick's US Onshore Maps Database allows us to quickly see complete acreage positions side by side and determine where there are holes, who might be a good partner, who might be a good target, and to understand the key players in any US play. We use the US Onshore Maps Database every day as we continue to mold our strategy.
US Private E&P
Finance Director
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The 1Derrick US Onshore Maps Database provides an exceptional service to the oil and gas A&D community. Having quick access to operator and transaction maps at your fingertips saves an enormous amount of time and resources and allows us to easily integrate the maps into our GIS applications for more meaningful analysis.
Bulge bracket bank in Houston
Head of A&D
Insights & News
DTE Energy in $1.3 Billion Midstream Assets Buy
DTE Energy has signed agreements to purchase midstream natural gas assets for a combined purchase price of $1.3 billion.The agreement calls for DTE to purchase 100% of Appalachia Gathering System (AGS), located in Pennsylvania and West Virginia, and 40% of Stonewall Gas Gathering (SGG), West Virginia, from M3...
DTE Energy in $1.3 Billion Midstream Assets Buy
Headlines, Global DealsDTE Energy has signed agreements to purchase midstream natural gas assets for a combined purchase price of $1.3 billion.
The agreement calls for DTE to purchase 100% of Appalachia Gathering System (AGS), located in Pennsylvania and West Virginia, and 40% of Stonewall Gas Gathering (SGG), West Virginia, from M3 Midstream. In addition, DTE will purchase 15% of SGG from Vega Energy Partners.
These assets gather natural gas produced in the Appalachia region and provide access to multiple markets, including the Great Lakes region, through interconnections with Columbia Gas Transmission, Texas Eastern Transmission and the NEXUS Gas Transmission project currently being developed by DTE and Spectra Energy.
These transactions are expected to be completed in Q4-2016.
September 27, 2016- Sunoco Logistics Buys Vitol's Permian Basin Crude Oil System
Sunoco Logistics Partners (Partnership) has entered into an agreement with Vitol to purchase an integrated crude oil business in West Texas for approximately $760 million plus working capital.The acquisition provides the Partnership with an approximately 2 MMbbl crude oil terminal in Midland, Texas, a crude...
Sunoco Logistics Buys Vitol's Permian Basin Crude Oil System
Global DealsSunoco Logistics Partners (Partnership) has entered into an agreement with Vitol to purchase an integrated crude oil business in West Texas for approximately $760 million plus working capital.
The acquisition provides the Partnership with an approximately 2 MMbbl crude oil terminal in Midland, Texas, a crude oil gathering and mainline pipeline system in the Midland Basin, including a significant acreage dedication from an investment grade Permian producer, and crude oil inventories related to Vitol’s crude oil purchasing and marketing business in West Texas. The acquisition includes the purchase of a 50% interest in SunVit Pipeline LLC, which results in the Partnership owning all of the membership interests in SunVit. SunVit connects the Midland terminal to the Partnership’s Permian Express 2 pipeline.
The acquisition is expected to close in Q4-2016.
September 27, 2016 - Rice Energy Acquires Vantage Energy for $2.7 Billion
Rice Energy has entered into a PSA to acquire Vantage Energy LLC and Vantage Energy II LLC (collectively, Vantage Energy) for approximately $2.7 billion, including the assumption of debt. Total consideration consists of approximately $1.02 billion in cash, the assumption and retirement of assumed net...
Rice Energy Acquires Vantage Energy for $2.7 Billion
Headlines, Global DealsRice Energy has entered into a PSA to acquire Vantage Energy LLC and Vantage Energy II LLC (collectively, Vantage Energy) for approximately $2.7 billion, including the assumption of debt. Total consideration consists of approximately $1.02 billion in cash, the assumption and retirement of assumed net debt of approximately $700 million and the issuance of membership interests in Rice Energy Appalachia LLC that are immediately exchangeable into approximately 39.1 million shares of common stock of Rice Energy, valued at approximately $980 million.
Concurrent with Rice Energy's acquisition of Vantage Energy, Rice Energy entered into a PSA with Rice Midstream Partners LP (RMP), pursuant to which RMP will purchase the midstream assets associated with the Vantage acquisition from Rice Energy for aggregate consideration of $600 million.
The E&P assets to be acquired by Rice Energy include approximately 85,000 net core Marcellus acres in Greene County, Pennsylvania, with rights to the deeper Utica Shale on approximately 52,000 net acres and 37,000 net acres in the Barnett Shale. Q2-2016 net production of the acquired assets was 399 MMcfe/d (approximately 65% Appalachia, 35% Barnett). The core midstream assets to be acquired by RMP include 30 miles of dry gas gathering and compression assets. As part of the transaction, Rice Energy will dedicate the acquired Pennsylvania acreage to RMP to provide gas gathering, compression and water services.
The acquisitions are expected to close concurrently Q4-2016.
View Rice Energy press release
September 27, 2016 - TransCanada Offers to Buy Columbia Pipeline Partners
TransCanada Corporation, through its wholly-owned subsidiary, Columbia Pipeline Group Inc (Columbia), has offered to acquire, for cash, all of the 53,843,466 outstanding common units of the master limited partnership, Columbia Pipeline Partners LP (CPPL), at $15.75 per common unit.The offer price represents...
TransCanada Offers to Buy Columbia Pipeline Partners
Headlines, Global DealsTransCanada Corporation, through its wholly-owned subsidiary, Columbia Pipeline Group Inc (Columbia), has offered to acquire, for cash, all of the 53,843,466 outstanding common units of the master limited partnership, Columbia Pipeline Partners LP (CPPL), at $15.75 per common unit.
The offer price represents an 11.3% premium to the 30-day average closing price on 23-Sep-2016. As the general partner of CPPL is an indirect wholly-owned subsidiary of Columbia, a committee composed of the independent directors of the CPPL Board will be formed to consider the offer pursuant to its processes.
Columbia Pipeline Partners LP is a Delaware MLP with interests in three regulated US natural gas pipelines, as well as storage and related midstream assets.
View TransCanada press release
View Columbia Pipeline Partners press release
September 26, 2016