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Ensign Natural Resources

Company Summary

Operational Regions

  • South Texas

Recent news

  • 11/4/2022 - Marathon Oil Acquires... (subscriber access)
  • 11/8/2021 - Warburg-Backed Ensign... (subscriber access)
  • 8/19/2020 - Ensign Natural Resources... (subscriber access)
  • 5/7/2019 - Pioneer Natural... (subscriber access)

Company Transactions

Date: 11/7/2022
Type: Acquisition

BUYERS:
  • Marathon Oil Corporation
    • SELLERS:
  • Ensign Natural Resources
    • DETAILS:

    COST: 3 $B

    VOLUMES: 67 MBOE/d

    ACRES: 130000 Acres

    NOTES:
    Marathon Oil will acquire Eagle Ford assets from Ensign Natural Resources for $3.0 billion by year's end. The 130,000 net acres (97% working interest) transverse condensate, wet gas, and dry gas phase windows of the Eagle Ford. The acquisition offers ~600 undrilled locations with an inventory life of 15 years and ~700 existing wells, suggesting an immediate return of capital.
    REGIONS:
  • Eagle Ford

    • Date: 12/31/2021
    Type: Acquisition

    BUYERS:
  • Ensign Natural Resources
    • SELLERS:
  • Reliance Eagleford Upstream Holding LP
    • DETAILS:

    VOLUMES: 18 MBOE/d

    ACRES: 62000 Acres

    NOTES:
    Privately owned Ensign Natural Resources has reached a deal with Reliance Eagleford Upstream Holding LP to acquire 62,000 net acres in the Eagle Ford Shale. The acreage spans Bee, DeWitt, Karnes, and Live Oak Counties, Texas, with production of 18 Mboe/d.
    REGIONS:
  • Eagle Ford

    • Date: 8/19/2020
    Type: Acquisition

    BUYERS:
  • Ensign Natural Resources
    • SELLERS:
  • Newpek LLC
    • DETAILS:

    VOLUMES: 2.2 MBOE/d

    ACRES: 5700 Acres

    NOTES:
    Ensign Natural Resources entered into a deal with Newpek LLC to acquire 5,700 net acres in Bee, DeWitt, Karnes, and Live Oak Counties, Texas. The South Texas asset holds production of 2.2 Mboe/d. Ensign is funded via Warburg Pincus and Kayne Private Energy Income Funds Platform.
    REGIONS:
  • Eagle Ford

    • Date: 5/7/2019
    Type: Acquisition

    BUYERS:
  • Ensign Natural Resources
    • SELLERS:
  • Pioneer Natural Resources Co.
    • DETAILS:

    COST: 475 $MM

    VOLUMES: 14 MBOE/d

    ACRES: 59 Acres

    NOTES:
    Pioneer Natural Resources closed the sale of its Eagle Ford shale and remaining South Texas assets to Ensign Natural Resources for $475 million.
    REGIONS:
  • South Texas