Midcontinent E&P SandRidge Energy正在通过并购方式深入西阿纳达科盆地。

7 月 29 日收盘后，总部位于俄克拉荷马城的 SandRidge 表示，该公司签署了一项协议，以 1.44 亿美元现金收购 Western Anadarko 切诺基区块的生产资产和租赁权益。卖方尚未披露。

该公司还就某些收购资产的未来开发达成了联合开发协议。SandRidge 并未透露合作公司的名称。

该交易包括约 6,000 桶油当量/天的净产量（约 40% 为石油），主要集中在俄克拉荷马州埃利斯县和罗杰米尔斯县。

针对切诺基层段的水平钻井活动主要集中在埃利斯县，但已向南延伸至罗杰米尔斯县和卡斯特县。

该交易包括 42 口生产井和 4 口 DUC，计划于今年投入生产。

SandRidge 正在获得 11 个钻井间距单位 (DSU) 的租赁权益，从而在切诺基核心区增加多达 22 个 2 英里水平井的库存。

SandRidge 将与“在切诺基油田有成功运营经验的合作伙伴”共同开发 DSU，该公司表示。根据协议条款，SandRidge 将在新油井投产后负责运营。

SandRidge 总裁兼首席执行官 Grayson Pranin 表示：“收购的生产资产和 DSU 与我们最近一直在调查的可能存在新的 SandRidge 运营钻井机会的地区相吻合。如果我们运营并联合开发收购的资产，我们的团队将能够很好地评估和执行未来的有机增长机会。”

截至 2023 年底，SandRidge 拥有俄克拉荷马州和堪萨斯州 548,895 英亩总租赁土地（364,201 英亩净租赁土地）的权益。

该公司最近收购活动并不多。2023 年 7 月，SandRidge 以 1060 万美元的价格增持了该公司在西北 STACK 油田运营的 26 口生产井的权益。

2021 年 2 月，SandRidge 以4700 万美元的价格完成了其位于科罗拉多州 North Park Ba​​sin 资产的出售，完成了向纯粹的 Midcontinent E&P 公司的转型。

前一年，SandRidge 宣布以 3540 万美元的净收益出售其位于俄克拉荷马城的摩天大楼，此举旨在缓解人们对该公司在 2016 年完成残酷的第 11 章重组程序后可能再次进入破产程序的担忧。

根据投资者文件，2023 年 SandRidge 的平均日产量为 16,900 桶油当量（55% 为天然气；45% 为液体）。

Winston & Strawn LLP 担任 SandRidge 此次交易的法律顾问。

Midcontinent E&P SandRidge Energy is getting deeper in the Western Anadarko Basin through M&A.

SandRidge signed an agreement to acquire producing assets and leasehold interests in the Cherokee play of the Western Anadarko for $144 million in cash, the Oklahoma City-based company said after markets closed on July 29. The seller wasn’t disclosed.

The company also entered into a joint development agreement regarding future development of certain acquired assets. SandRidge did not name the company it is partnering with.

The transaction includes net production of approximately 6,000 boe/d (~40% oil) primarily focused in Ellis and Roger Mills counties, Oklahoma.

Horizontal drilling activity targeting the Cherokee interval has been mainly led out of Ellis County—but has extended south into Roger Mills and Custer counties.

The deal includes 42 producing wells and four DUCs scheduled to be turned to production this year.

SandRidge is picking up leasehold interest in 11 drilling spacing units (DSU), adding inventory of up to 22 2-mile lateral wells in the core of the Cherokee play.

SandRidge will jointly develop the DSUs with “a partner who has a demonstrable history of successful operations in the Cherokee play,” the company said. Under terms of the agreement, SandRidge will operate the new wells after they begin production.

“The acquired producing assets and DSUs flange up with areas where we've been recently investigating the potential for new SandRidge-operated drilling opportunities,” SandRidge President and CEO Grayson Pranin said. “As we operate and jointly develop the acquired assets, our team will be well positioned to evaluate and execute on future organic growth opportunities.”

At year-end 2023, SandRidge held interests in 548,895 gross (364,201 net) leasehold acres across Oklahoma and Kansas.

The company hasn’t been particularly acquisitive of late. In July 2023, SandRidge upped its interest in 26 producing wells operated by the company in the northwest STACK play for $10.6 million.

In February 2021, SandRidge closed a $47 million sale of its North Park Basin assets in Colorado, completing a transformation into a pure-play Midcontinent E&P.

The year before, SandRidge announced selling its skyscraper in Oklahoma City for $35.4 million in net proceeds—a move to alleviate concerns that the company could re-enter bankruptcy after exiting a brutal Chapter 11 reorganization process in 2016.

SandRidge’s daily production averaged 16,900 boe/d (55% gas; 45% liquids) during 2023, according to investor filings.

Winston & Strawn LLP is serving as SandRidge's legal adviser on the transaction.