INEOS Energy has acquired a portion of Chesapeake Energy\u2019s oil and gas assets in the Eagle Ford Shale in South Texas for $1.4 billion. The deal marks INEOS Enegy\u2019s entry as operator into the US onshore oil and gas market, as it acquires 2,300 wells, producing net 36,000 BOED.
The acquisition, which includes production and exploration leases across 172,000 net acres, is expected to complete in Q2, with an effective date of October 2022. The addition of Chesapeake\u2019s assets and operations in South Texas is part of INEOS Energy\u2019s strategy to build a global integrated portfolio, fit for the energy transition, offering high-quality, energy solutions to its customers.
\u201cOver the last two decades, US onshore oil and gas production has provided security of supply for the global market and competitive advantage for US industry,\u201d Brian Gilvary Chairman INEOS Energy said. \u201cWe believe this acquisition will help us to serve our internal and external customers today as we continue to position our business to meet the energy transition.\u201d
\uff082023-02-22\uff09<\/p>\n","protected":false},"excerpt":{"rendered":"

INEOS Energy has acquired a portion of Chesapeake Energy\u2019s oil and gas assets in the Eagle Ford Shale in South Texas for $1.4 billion. The deal marks INEOS Enegy\u2019s entry as operator into the US onshore oil and gas market, as it acquires 2,300 wells, producing net 36,000 BOED.The acquisition, which includes production and exploration …<\/p>\n

INEOS enters US onshore market as operator with Eagle Ford asset acquisition<\/span> \u66f4\u591a \u00bb<\/a><\/p>\n","protected":false},"":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[40],"tags":[],"_links":{"self":[{"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/posts\/5101"}],"collection":[{"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/types\/post"}],"":[{"embeddable":true,"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/comments?post=5101"}],"version-history":[{"count":1,"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/posts\/5101\/revisions"}],"predecessor-version":[{"id":5104,"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/posts\/5101\/revisions\/5104"}],"wp:attachment":[{"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/media?parent=5101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/categories?post=5101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oktcz.com\/en\/wp-json\/wp\/v2\/tags?post=5101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}