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Pin Oak Energy Partners LLC

Company Summary

Description

Pin Oak Energy Partners LLC is an Appalachian Basin energy company engaged in the exploration and production of conventional and unconventional oil and natural gas wells and the operation of associated assets. The Company currently operates 363 wells producing nearly 5.7 MMcfe/d (32% liquids) across more than 32,000 acres and is also involved in midstream, field services and operations through its affiliate companies.

Website

http://www.pinoakep.com/

Operational Regions

  • Northeast

Related Entities

Recent news

  • 9/10/2020 - Pin Oak Midstream Closes... (subscriber access)
  • 4/3/2019 - Pin Oak Energy Closes on... (subscriber access)
  • 3/4/2019 - Pin Oak Energy Closes on... (subscriber access)
  • 2/7/2018 - Pin Oak Energy Closes on... (subscriber access)
  • 10/4/2017 - Pin Oak Energy Closes on... (subscriber access)

Company Transactions

Date: 4/3/2019
Type: Acquisition

BUYERS:
  • Pin Oak Energy Partners LLC
    • SELLERS:
  • SWEPI LP
  • Shell plc.
    • DETAILS:

    ACRES: 43000 Acres

    NOTES:
    Pin Oak Energy Partners has acquired 43,000 net Utica Acres from SWEPI LP (Shell), bringing their total holdings in the play to 167,000 net acres.
    REGIONS:
  • Utica

    • Date: 3/4/2019
    Type: Acquisition

    BUYERS:
  • Pin Oak Energy Partners LLC
    • DETAILS:
    NOTES:
    Pin Oak Energy Partners has closed on the purchase of producing and conventional assets in Elk County, PA. This included a 12-mile midstream gathering system delivering 25,000 Mmbtu/d to an industrial end-user, along with an agreement with the seller to develop over 20,000 net acres in the Marcellus and Utica.
    REGIONS:
  • Appalachia

    • Date: 3/4/2019
    Type: Acquisition

    BUYERS:
  • Pin Oak Energy Partners LLC
    • SELLERS:
  • Appalachian Midstream Partners
  • Somerset Gas Gathering of Pennsylvania LLC
    • ASSETS:
  • Somerset Gas Gathering Pipeline
    • DETAILS:
    NOTES:
    Pin Oak also closed on the purchase of Somerset Gas Gathering of Pennsylvania LLC from Appalachian Midstream Partners. That deal included a 72-mile pipeline which runs from McKean County, PA to the Transco Leidy Hub interconnect in Clinton County, PA.
    REGIONS:
  • Appalachia
  • Marcellus Shale
  • Utica

    • Date: 2/7/2018
    Type: Acquisition

    BUYERS:
  • Pin Oak Energy Partners LLC
    • DETAILS:

    ACRES: 70000 Acres

    NOTES:
    The deal was executed with multiple sellers and it also includes midstream assets in Pennsylvania, with two 100 Mmcf/d taps into Tennessee Gas Pipeline that are west of TGP Station 13 and associated gas processing capability. There is also a tap into National Fuel Gas' interstate pipelines.
    REGIONS:
  • Utica
  • Appalachia

    • Date: 10/4/2017
    Type: Acquisition

    BUYERS:
  • Pin Oak Energy Partners LLC
    • SELLERS:
  • Seneca Resources Corporation
    • DETAILS:

    VOLUMES: 6.1

    ACRES: 4300

    NOTES:
    The acquisition includes 14 producing Marcellus Shale wells and 2 producing Utica/Point Pleasant Shale wells across eight total pads producing from approximately 4,300 gross acres.
    REGIONS:
  • Marcellus Shale
  • Utica

    • Date: 8/3/2017
    Type: Acquisition

    BUYERS:
  • Pin Oak Energy Partners LLC
    • DETAILS:

    VOLUMES: 2.2 Mmcfe/d

    ACRES: 7700 Acres

    NOTES:
    The acquisition includes 10 producing Utica/Point Pleasant wells with 2.2 Mmcfe/d in current production, 3 wells awaiting pipeline tie-ins, 22-miles of gathering pipeline and 283 leases spread of 7,700 acres.
    REGIONS:
  • Utica
  • Northeast