Transaction will create the largest oil-weighted oil and gas exploration and production master limited partnership.
Diamondback Energy buys properties for $538 million, boosting its acreage in the Permian Basin and delivering a three times return for the private equity backer involved, sources said.
Compressco Partners, owned by Tetra Technologies, agrees to acquire Compressor Systems from family-owned Warren Equipment for $825 million in cash.
Houston oil services provider C&J Energy Services it agreed to combine with the fracking businesses of Nabors Industries in a deal valued at $2.86 billion.
PPL and Riverstone Holdings said Monday they agreed to combine their independent power generation businesses into a new stand-alone, publicly traded power producer, allowing PPL to focus on its regulated utility business.
As has been rumored, American Energy Partners, headed by deposed Chesapeake Energy CEO Aubrey McClendon said Monday that its units bought properties in the Permian Basin, the Utica Shale and the Marcellus Shale from private equity-controlled companies for $4.25 billion.
Also agrees to $1.6 billion in project financings as part of purchase from PE-backed Terra-Gen Power.
Activist embattled oil and gas company Hess said Thursday it agreed to sell its gas stations to Speedway, a unit of Marathon Petroleum, for about $2.87 billion.
Houston oil and gas explorer Sanchez Energy will almost double its holding in the Eagle Ford shale gasfield after picking up assets from Royal Dutch Shell for $639 million.
Keeping its promise to expand further in the deepwater Gulf of Mexico, Freeport-McMoRan Copper & Gold said Thursday its oil and gas unit agreed to pick up non-operated interests in the Lucius and Heidelberg oil production development projects and 11 exploration leases in the area from Apache of Houston for $1.4 billion.