Acquisition

DTE Energy CEO during a third quarter conference call Monday touted the company’s recent midstream acquisition in the Haynesville Shale, claiming its “extremely strong” resources hold “at least 10 years of drilling available at sub $2/MMBtu prices.”

San Antonio,TX-based Abraxas Petroleum Corp. last week inked two asset sales worth about $7.9 million and suspended some drilling in the Permian Basin.

Tulsa’s NGL Energy Partners LP said Thursday it would build water pipeline and disposal infrastructure for oil and gas producers in the Permian Basin with a $600 million deal to acquire Hillstone Environmental Partners LLC.

Dallas-based Energy Transfer LP on Monday agreed to acquire Tulsa’s SemGroup Corp. in a unit-and-cash deal worth an estimated $5 billion, a deal that would expand crude and gathering systems from Western Canada to the Gulf Coast.

PDC Energy Inc. said Monday it would acquire Colorado pure-play SRC Energy Inc. in an all-stock deal valued at $1.7 billion that would create the Denver-Julesburg (DJ) Basin’s second largest oil and gas producer.

Oklahoma City-based Lagoon Water Solutions on Tuesday paid $85 million for part of Continental Resources Inc.’s oilfield water system serving Oklahoma’s busiest reservoirs, the STACK, aka the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties, and the SCOOP, South Central Oklahoma Oil Province.

Allentown, PA-based American Energy Partners Inc. (AEP), which focuses on upstream oil and gas operations as well as waste and water treatment, has added another company to its repertoire.

Houston-based Callon Petroleum Co.’s board has approved the acquisition of Carrizo Oil & Gas Inc., adding Eagle Ford Shale-centered assets to Callon’s portfolio.

NGL Energy Partners LP is stepping up its water disposal plans in the Permian Basin with the acquisition of Mesquite Disposals Unlimited LLC for $890 million.