商业/经济

页岩交换:Ovintiv 退出 Uinta,以 24 亿美元收购 Montney Core

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11 月 14 日,美国独立公司 Ovintiv 宣布已同意以全现金方式收购派拉蒙资源公司在阿尔伯塔省蒙特尼页岩区的核心资产,交易价值超过 23 亿美元。Ovintiv 还透露,将以 20 亿美元现金出售其在犹他州尤因塔盆地的全部资产。

这家总部位于丹佛的致密油生产商表示,其收购的 Montney 油田包括约 109,000 净英亩土地,日产量约为 70,000 桶油当量。Ovintiv 强调了油田的上行潜力,并补充说,该资产包括约 900 个水平井位置,预计将延长 Montney 油田的开采时间 15 年。

根据预估,此次收购将使 Ovintiv 的 Montney 资产净值增至近 369,000 英亩,预计石油和凝析油产量将达到 55,000 桶/天。交易条款包括将 Ovintiv 位于不列颠哥伦比亚省的 Horn River 资产转让给 Paramount,将 Paramount 位于阿尔伯塔省的 Zama 资产转让给 Ovintiv。

Ovintiv 首席执行官 Brendan McCracken 在一份声明中表示:“蒙特尼是北美第二大未开发石油资源,通过此次收购,我们巩固了我们作为该油田首要运营商的地位。”

在许多北美陆上运营商都在区域内整合资产、加拿大成为首要目标之际,Ovintiv 正在加倍押注蒙特尼。自 2022 年以来,另有四家运营商达成了数十亿美元的交易,以进入或扩大其在富含液体的蒙特尼的地位。

此次收购的主要资金来源是 Ovintiv 将其 Uinta 资产出售给独立的 FourPoint Resources。该公司的这次大举收购是继Quantum Capital GroupSM Energy于今年早些时候收购 Uinta 资产之后的又一重大举措,这两家公司分别以 18 亿美元和 20 亿美元的价格收购了 Uinta 资产。

该公司预计,通过与派拉蒙的整合,每年可节省 1.25 亿美元的成本,主要包括平均每口井降低 150 万美元的井成本、降低公司管理费用以及利用加拿大的现金税收优惠。

Ovintiv 的投资组合还包括二叠纪盆地和阿纳达科盆地的重要资产。

原文链接/JPT
Business/economics

Shale Swap: Ovintiv Exits Uinta, Adds to Montney Core With $2.4-Billion Buy

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US independent Ovintiv announced on 14 November that it has agreed to purchase Paramount Resources' core assets in Alberta's Montney Shale in an all-cash deal valued at over $2.3 billion. Ovintiv also disclosed it is divesting its entire position in Utah's Uinta Basin for $2.0 billion in cash.

The Denver-based tight-oil producer said its Montney acquisition includes approximately 109,000 net acres, producing about 70,000 BOE/D. Ovintiv highlighted the upside potential, adding that the asset includes around 900 horizontal well locations, expected to extend its Montney runway by 15 years.

On a pro forma basis, the acquisition boosts Ovintiv’s Montney holdings to nearly 369,000 net acres, with oil and condensate production projected to reach 55,000 B/D. The transaction terms include transferring Ovintiv’s Horn River asset in British Columbia to Paramount and Paramount’s Zama asset in Alberta to Ovintiv.

“The Montney is the second-largest undeveloped oil resource in North America, and with this acquisition, we have solidified our position as the premier operator in the play,” Ovintiv CEO Brendan McCracken said in a statement.

Ovintiv is doubling down on the Montney at a time when many North American onshore operators are consolidating assets regionally, with Canada emerging as a top target. Since 2022, four other operators have struck billion-dollar deals to enter or expand their positions in the liquids-rich Montney.

The acquisition will be largely financed by Ovintiv’s sale of its Uinta assets to independent FourPoint Resources. The company’s big entry comes after those by Quantum Capital Group and SM Energy which acquired their Uinta assets earlier this year in deals valued at $1.8 billion and $2.0 billion, respectively.

The company anticipates $125 million in annual cost savings through its integration with Paramount, chiefly from reducing well costs by an average of $1.5 million per well, lowering corporate overhead, and leveraging Canadian cash tax savings.

Ovintiv’s portfolio also includes significant positions in the Permian and the Anadarko basins.