Tag Archives: consolidation

There is a new oilfield service company scheduled to price a $300mm initial public equity offering on November 3. This isn’t an ordinary IPO though – it is a blank check company backed by some oilfield industry titans.   There’s a lot more to this story… Login to see the full …

Friday was a big day for Borr Drilling. First the Schlumberger deal “an industry first” and now consolidation of stranded newbuilds. Borr is fast becoming the most exciting name to watch in offshore drilling. There’s a lot more to this story… Login to see the full update…  To read this …

Here’s what you need to know about the rumors that Unimin is buying Fairmount Santrol. There’s a lot more to this story… Login to see the full update…  To read this update and receive our research newsletters, you must be a member. If you are new to Infill Thinking, or …

Yesterday morning, EQT consolidated the Marcellus Shale by acquiring Rice Energy for $6.7bn in a deal that creates the largest natural gas producer (>3Bcfpd) in the US.  The deal is expected to close in 4Q17. The combination and new strategic direction for the combined operator has material implications for the …

Land drilling / pressure pumping hybrids Patterson-UTI and Seventy Seven Energy have agreed to join forces as 2016 draws to a close. Patterson-UTI will purchase Seventy Seven Energy for $1.76bn in an all-stock deal that includes the assumption and repayment of $336mm of net debt. This deal isn’t a bargain, as …