Your Portal for Key Energy Information and Research

Freeport McMoRan Oil & Gas

Company Summary

Related Entities

Recent news

  • 11/17/2020 - Ovintiv Looking to... (subscriber access)
  • 8/18/2017 - Freeport-McMoran to... (subscriber access)
  • 8/1/2017 - Cox Oil Offshore... (subscriber access)
  • 1/25/2017 - Freeport-McMoran Entered... (subscriber access)
  • 1/3/2017 - Sentinel Peak Closes on... (subscriber access)

Investor Presentations

Company Transactions

Date: 7/31/2017
Type: Acquisition

BUYERS:
  • Cox Oil Offshore, LLC
    • SELLERS:
  • Freeport McMoRan Oil & Gas
    • DETAILS:
    NOTES:
    This transaction includes FCX’s interests in the Flatrock and Hurricane areas of the OCS-310 “Tiger Shoal” lease.
    REGIONS:
  • Gulf of Mexico

    • Date: 2/22/2017
    Type: Acquisition

    BUYERS:
  • ELK Petroleum Ltd
    • SELLERS:
  • Freeport-McMoRan Inc.
  • Freeport McMoRan Oil & Gas
    • ASSETS:
  • Lost Cabin Gas Plant
    • DETAILS:

    COST: 20 $MM

    REGIONS:
  • Wind River Basin

    • Date: 1/3/2017
    Type: Acquisition

    BUYERS:
  • Sentinel Peak Resources LLC
    • SELLERS:
  • Freeport McMoRan Oil & Gas
    • DETAILS:

    COST: 592 $MM

    VOLUMES: 28 M Bbls/d

    NOTES:
    The acquisition includes 28 Mbbls/d of crude oil including 18 Mbbls/d in San Joaquin Basin and 10 Mbbls/d in LA Basin. The transaction is expected to close in the fourth quarter of 2016.
    REGIONS:
  • San Joaquin basin
  • Los Angeles Basin

    • Date: 12/15/2016
    Type: Acquisition

    BUYERS:
  • Anadarko Petroleum Corporation
    • SELLERS:
  • Freeport McMoRan Oil & Gas
    • ASSETS:
  • Lucius Offshore Production Platform
    • DETAILS:

    COST: 2 $B

    VOLUMES: 80 MBOE/d

    NOTES:
    Anadarko entered into a definitive agreement to acquire the deepwater Gulf of Mexico assets of Freeport McMoRan Oil & Gas for $2.0 billion.
    REGIONS:
  • Gulf of Mexico

    • Date: 4/22/2016
    Type: Acquisition

    BUYERS:
  • Black Stone Minerals, L.P.
    • SELLERS:
  • Freeport McMoRan Oil & Gas
    • DETAILS:

    COST: 102 $MM

    VOLUMES: 850 BOE/d

    ACRES: 126000 Acres

    REGIONS:
  • Permian Basin