商业/经济

Diamondback 旗下 Viper Energy 斥资 41 亿美元收购 Permian 油气业务

Viper Energy 正在收购 Sitio Royalties Corp. 及其在美国主要页岩气田的超过 25,000 英亩净土地的特许权使用权益。

插图描绘了油价的历史性下跌,背景中有一个油井的轮廓
资料来源:Getty Images。

Viper Energy 是总部位于德克萨斯州米德兰的 Diamondback Energy 旗下专注于特许权使用费的子公司,该公司表示将以全股票交易的方式收购 Sitio Royalties Corp.,交易价值为 41 亿美元,其中包括 11 亿美元的承担债务。

该交易将为 Viper 的投资组合增加二叠纪盆地约 25,300 英亩的净特许权使用费土地,以及美国其他主要页岩气田的近 9,000 英亩土地,包括丹佛-朱尔斯堡盆地、鹰福特页岩和威利斯顿盆地。

根据6月3日的收购公告,Sitio公司近一半的Permian油田与Viper公司持有权益的现有水平井重叠。

第一季度,总部位于丹佛的 Sitio 报告称其平均原油产量为 18,900 桶/天,其中二叠纪资产的原油产量为 14,500 桶/天。

收购完成后,Viper 的总权益持有量将增至约 85,700 净英亩,其中 43% 由 Diamondback 运营。该公司预计,到今年年底,其权益持有量将达到 68,000 桶/天(按备考基础计算)。

“此次合并将在高度分散的矿产行业中,打造一家在规模、浮动资金、流动性和投资级资本获取方面均处于领先地位的公司。Viper首席执行官凯斯·范·霍夫在一份声明中表示:“预计Viper现在显然是北美一家值得持有的上市矿产和特许权使用费公司,其在二叠纪盆地的规模和规模都极具吸引力。”

Viper还将新增约16口净钻井未完井(DUC),使其净DUC井总数达到75.4口。其中41.1口由Diamondback运营,平均水平段长度超过12,400英尺。

合并后的公司预计将通过解决一般和行政裁员问题以及其他资本协同效应,每年节省5000万美元。交易完成后,Diamondback将持有合并后公司约41%的普通股,预计交易将于第三季度完成。

在 Diamondback 宣布以超过 40 亿美元的现金和股票交易收购私人生产商 Double Eagle IV的股份后不到 4 个月,该公司就宣布了收购 Sitio 的举措。

原文链接/JPT
Business/economics

Diamondback’s Viper Energy Boosts Permian Position With $4.1 Billion Acquisition

Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.

Illustration depicting the historic fall in the price of oil with an oil well in silhouette in the background
Source: Getty Images.

Viper Energy, the royalty-focused arm of Midland, Texas-based Diamondback Energy, said it will acquire Sitio Royalties Corp. in an all-stock deal valued at $4.1 billion, including $1.1 billion in assumed debt.

The deal will add approximately 25,300 net royalty acres in the Permian Basin to Viper’s portfolio, along with nearly 9,000 acres in other key US shale plays, including the Denver-Julesburg Basin, Eagle Ford Shale, and Williston Basin.

According to the acquisition announcement on 3 June, nearly half of Sitio’s Permian acreage overlaps with existing horizontal wells that Viper holds interests in.

In the first quarter, the Denver-based Sitio reported an average crude production of 18,900 B/D, with 14,500 B/D from its Permian assets.

Following the acquisition, Viper’s total royalty position will grow to about 85,700 net acres, with 43% operated by Diamondback. The company expects to account for up to 68,000 B/D on a pro forma basis by the end of the year.

“This combination creates a leader in size, scale, float, liquidity, and access to investment grade capital in the highly fragmented minerals industry. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin,” Kaes Van’t Hof, CEO of Viper, said in a statement.

Viper will also gain an estimated 16 net drilled-but-uncompleted (DUC) wells, bringing its total to 75.4 net DUCs. Of these, 41.1 are operated by Diamondback and have average lateral lengths exceeding 12,400 ft.

The combined company is projected to achieve $50 million in annual savings by addressing general and administrative redundancies and other capital synergies. Diamondback will own approximately 41% of the combined company’s common stock after the deal closes, which is expected to take place in the third quarter.

The move to buy Sitio comes fewer than 4 months after Diamondback announced it was acquiring the holdings of private producer Double Eagle IV in a cash-and-stock deal valued at more than $4 billion.