Your Portal for Key Energy Information and Research

Grayson Mill Energy

Company Summary

Operational Regions

  • Bakken

Related Entities

Recent news

  • 2/10/2021 - Equinor Divesting Bakken... (subscriber access)

Company Transactions

Date: 3/31/2021
Type: Acquisition

SELLERS:
  • Equinor ASA
  • DETAILS:

    COST: 900 $MM

    VOLUMES: 48 MBOE/d

    ACRES: 242000 Acres

    NOTES:
    Equinor has reached a deal to divest its Bakken Shale assets to Grayson Mill Energy, backed by EnCap Investments, for $900 million. The asset covers 242,000 net acres and includes midstream infrastructure. Equinor was producing 48 Mbbl/d from the region in the fourth quarter of 2020.
    REGIONS:
  • Bakken