Southwestern Energy Acquires GEP Haynesville LLC

Southwestern Energy Acquires Indigo Natural Resources for ~$2.7B

September 1, 2021

Energy

Southwestern Energy Company agreed to acquire Haynesville-focused Indigo Natural Resources, LLC for approximately $2.7 billion in a transaction comprised of cash, stock and assumed debt. The acquisition adds high-margin dry gas assets and inventory in the Haynesville play, expands Southwestern's access to Gulf Coast LNG markets and accelerates free cash flow and deleveraging targets.

Southern Energy Corp Acquires Gwinville Field Assets from PetroTX Energy

May 23, 2023

Energy

Southern Energy Corp. entered into a definitive purchase and sale agreement to acquire the remaining producing acreage in the Gwinville Field (Jefferson Davis County, Mississippi) from PetroTX Energy, LLC for $3.2 million. The acquired assets produce roughly 400 boe/d (predominantly natural gas), add inventory and reserves, and are expected to generate immediate operating synergies and >30% operating cost savings when integrated with Southern's existing Gwinville operations.

DTE Midstream Acquires Haynesville Gathering System and 36" Pipeline from Momentum Midstream and Indigo Natural Resources

October 22, 2019

Oil & Gas

DTE Midstream (a unit of DTE Energy) agreed to acquire a gathering system and a 150-mile, 36" gathering pipeline in the Haynesville shale from Momentum Midstream and Indigo Natural Resources for $2.25 billion in cash plus a $400 million milestone payment. The assets include an existing 1.2 Bcf/d gathering system (expandable to 2 Bcf/d) and a pipeline under construction; both assets are supported by long-term contracts and provide DTE enhanced access to Gulf Coast and Louisiana gas markets. The transaction was approved by DTE's board, expected to close in Q4 2019, and was reported as officially closed on December 4, 2019.

Williams Acquires Haynesville Gathering and Processing Assets from Trace Midstream for $950M

March 14, 2022

Energy

Williams has agreed to acquire the Haynesville gathering and processing assets of Trace Midstream in a transaction valued at $950 million. The deal expands Williams' footprint and gathering capacity in the Haynesville basin, and includes a related long-term capacity commitment from Rockcliff and a joint-venture equity partnership with Quantum to support Williams' Louisiana Energy Gateway project.

NGL Energy Partners LP Acquires Hillstone Environmental Partners from Golden Gate Capital

November 1, 2019

Oil & Gas

NGL Energy Partners LP has agreed to acquire all equity interests of Hillstone Environmental Partners LLC from Golden Gate Capital for approximately $600 million. The acquisition adds Hillstone's produced water pipelines and disposal well network in the Northern Delaware Basin to NGL's existing Delaware Basin water platform, increasing disposal and transportation capacity and providing long-term contracted volumes.

The Shaw Group Acquires KP Engineering (Assets) to Form KP Shaw, LLC

January 31, 2023

Industrial Services

The Shaw Group has acquired all assets and ongoing operations of KP Engineering, creating a new legal entity, KP Shaw, LLC. The acquisition expands Shaw's engineering, procurement and fabrication (EPF) capabilities—particularly for refining, syngas, hydrogen and renewable fuels—by integrating KPE's 19 years of engineering and project execution expertise.