Matador Resources 宣布以 19 亿美元现金收购私募股权支持的 Ameredev II。

总部位于达拉斯的 Matador 公司称此举为“附加”交易，将使这家致密油生产商在二叠纪盆地的产量增加约 25,500 桶油当量/天，使其总产量达到 182,750 桶油当量/天，其中原油约占总产量的 60%。按产量计算，Matador 公司因此成为新墨西哥州第七大石油公司。

该交易预计将于今年第三季度完成，反映出最近几周美国页岩油市场持续的整合浪潮正在重塑其格局。今年 5 月，康菲石油公司宣布斥资171 亿美元收购竞争对手 Marathon Oil Corp.，而 Crescent Energy 则斥资21 亿美元收购了 SilverBow Resources 。

此次收购 Ameredev II 的交易包括 Permian 的特拉华盆地 33,500 英亩的连续净土地，该盆地横跨新墨西哥州和德克萨斯州的部分地区，将 Matador 在该地区的总持有量扩大到近 192,000 英亩。新收购的土地还覆盖了多产的 Bone Spring 和 Wolfcamp 地层，其中 82% 的土地由 371 个净运营井位生产。

Matador 还宣布，该交易将使其探明储量增至约 5.78 亿桶油当量，增加约 1.18 亿桶油当量。

Ameredev II 是 EnCap Investments 的投资组合公司，该公司去年的退出交易总额超过 84 亿美元，超过了前 5 年的总收益。2023 年的一项交易涉及 Matador，该公司以 16 亿美元从 EnCap 手中收购了 Advance Energy Partners。

Enverus Intelligence Research 首席分析师安德鲁·迪特马尔 (Andrew Dittmar) 表示，随着 Matador 的最新举措，继 2016 年至 2019 年之后，二叠纪盆地的“第二次土地争夺”似乎正在顺利进行，因为上市公司正在争夺日益稀缺的未开发钻井库存。

“事实证明，这对私募股权公司来说是一个金矿，这些公司已经在特拉华和米德兰盆地建立了相当大的地位，包括 EnCap。随着交易机会的减少，价格上涨，这些私人公司的资产价值飙升，”迪特马尔说。

Matador Resources has announced the acquisition of private-equity-backed Ameredev II for $1.9 billion in cash.

Described as a “bolt-on” deal by Dallas-based Matador, the move will increase the tight oil producer’s output in the Permian Basin by approximately 25,500 BOE/D, bringing its total to 182,750 BOE/D, with crude accounting for about 60% of the output. This positions Matador as the seventh-largest oil company in New Mexico by production.

The transaction, expected to close in the third quarter of the year, reflects a persistent wave of consolidation that is reshaping the US shale landscape in recent weeks. In May, ConocoPhillips announced a $17.1 billion acquisition of rival Marathon Oil Corp., and Crescent Energy purchased SilverBow Resources for $2.1 billion.

The deal to buy Ameredev II includes 33,500 contiguous net acres in the Permian's Delaware Basin which straddles portions of New Mexico and Texas, expanding Matador’s total holdings in the region to nearly 192,000 acres. The newly acquired acreage also overlies the prolific Bone Spring and Wolfcamp formations, with 82% held by production through 371 net operated well locations.

Matador also announced that the deal will boost its proven reserves to approximately 578 million BOE, an increase of about 118 million BOE.

Ameredev II is a portfolio company of EnCap Investments which tallied up more than $8.4 billion in exit deals last year— surpassing its earnings from the previous 5 years combined. One of those deals from 2023 involved Matador which purchased Advance Energy Partners from EnCap for $1.6 billion.

With Matador's latest move, the "second land grab" appears to be well underway in the Permian Basin following the period between 2016 and 2019 as pubic companies compete for increasingly scarce untapped drilling inventory, said Andrew Dittmar, principal analyst at Enverus Intelligence Research.

"That has proven a gold mine for private-equity firms that had built sizable positions in the Delaware and Midland basins including EnCap. These private firms have seen the value of their assets soar as a dwindling set of opportunities to acquire deals drives prices higher," said Dittmar.