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Felix Energy

Company Summary

Description

Felix Energy is a Denver-based private exploration and production company focused on projects in numerous onshore domestic basins.

Website

http://www.felix-energy.com/

Related Entities

Recent news

  • 11/20/2020 - FourPass Energy Partners... (subscriber access)
  • 3/9/2020 - WPX Energy Closes on... (subscriber access)
  • 2/5/2020 - PAA Acquires Felix... (subscriber access)
  • 12/16/2019 - WPX Issues 2020... (subscriber access)
  • 12/16/2019 - WPX Expecting Felix... (subscriber access)

Company Transactions

Date: 3/9/2020
Type: Acquisition

BUYERS:
  • WPX Energy, Inc.
    • SELLERS:
  • Felix Energy
    • DETAILS:

    COST: 2.5 $B

    VOLUMES: 60 MBOE/d

    ACRES: 58500 Acres

    NOTES:
    WPX announced that they are acquiring private Delaware Basin firm Felix Energy in a deal valued at $2.5 billion. Felix currently holds 1,500 undeveloped locations in the basin, 58,500 net acres and production of 60 Mboe/d (70% oil.)
    REGIONS:
  • Delaware Basin

    • Date: 2/5/2020
    Type: Acquisition

    BUYERS:
  • Plains All American Pipeline
    • SELLERS:
  • Felix Energy
    • DETAILS:

    COST: 300 $MM

    VOLUMES: 70 M Bbls/d

    NOTES:
    Plains All American has closed on the purchase of $300 million in bolt-on assets in the Delaware Basin from Felix Midstream which will tie into their ACC and Wink South systems. The asset included 80-miles of pipeline and 70 Mbbl of storage with 60,000 acres dedicated and 60 Mbbl/d in system flows.
    REGIONS:
  • Delaware Basin