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One-Page Deal Sheet

Apache to Sell GoM Assets in Multi-Billion Dollar Deal

Fieldwood Energy Llc Apache Corp
AnnouncedJul 18, 2013
TypeProperty
Announced Date
July 18,2013
Effective Date
July 01,2013
Close Date
September 30,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
3750




Snapshot
Asset/Basin:
{"Gulf of Mexico Shelf"}
Net Acres
Require Private Equity Subscription
Proved Reserves
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Location
Region
Gulf of Mexico

Country
United States

Production & Reserves
Reserves
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Calculated Metrics( EV/Category)
$/ Acre
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Transaction Details:  Require Private Equity Subscription

Apache Corporation has agreed to sell its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC, an affiliate of Riverstone Holdings, for cash proceeds of $3.75 billion.

In addition, Fieldwood will assume all asset retirement obligations for these properties, which, as of June 30, 2013, Apache estimated at a discounted value of approximately $1.5 billion. Apache will retain 50 percent of its ownership interest in all exploration blocks and in horizons below production in developed blocks, where high-potential deep hydrocarbon plays are being tested.

G. Steven Farris, Apache…


Source : Require Private Equity Subscription

United States Deal Activity In Last 12 Months


Other Gulf of Mexico Region's Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-15-2024 - - Click here Louisiana  E&P
Sep-22-2022 - - Click here   E&P
May-25-2022 - - Click here   E&P
Apr-05-2022 - - Click here Gulf of Mexico  E&P
Jan-10-2022 - - Click here   E&P

Other United States Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-10-2026 - - Click here Texas  E&P
Feb-26-2026 - - Click here   E&P
Feb-18-2026 - - Click here Texas  E&P
Feb-17-2026 - - Click here Oklahoma  E&P
Feb-02-2026 - - Click here   E&P

Price History


Date Deal Headline Price$/acre
Feb-26-2026 Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal -   3,267
Feb-18-2026 SM Energy Sells Eagle Ford Asset for $950 Million -   15,574
Feb-17-2026 Ovintiv Sells Anadarko Assets for $3 Billion -   8,333