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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Crescent Energy Acquires Natural Gas Player, Silverbow

Crescent Energy Company Silverbow Resources
AnnouncedMay 16, 2024
TypeCorporate
LocationEagle Ford Shale
Announced Date
May 16,2024
Close Date
July 30,2024
Transaction Type
Corporate
Enterprise Value (EV)($MM)
2100




Snapshot
Asset/Basin:
["Eagle Ford Shale"]
TargetZones:
["Eagle Ford Shale",
Net Acres
% Oil:

Proved Reserves

PV-10 ($MM)
Location
Region
Gulf Coast - South Texas

Country
United States

State
Texas

County
Dimmit ,La Salle ,Live Oak ,Gonzales ,De Witt ,Webb ,MCMullen

Play


Production & Reserves
Production

Production Mix

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Subscribe to see

Crescent Energy is acquring SilverBow Resources in a all stock transaction valued at $2.1 billion.

SilverBow shareholders will receive 3.125 shares of Crescent Class A common stock for each share of SilverBow common stock, with the option to elect to receive all or a portion of the proceeds in cash at a value of $38 per share, subject to possible pro ration with a maximum total cash consideration for the transaction of $400 million.

The Siliverbow assets produced some 90,000 boe/d (46% liquids 26% oil, 20% NGL and 54% gas) and has ~180,000 net acres in the gassy Eagle Ford Shale.  Siliverbow…

Gulf Coast - South Texas Deal Activity In Last 12 Months



Other Gulf Coast - South Texas Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-18-2026 - - Click here Texas  E&P
Jan-08-2026 - - Click here Texas  E&P
Dec-05-2024 - - Click here Texas  E&P
Nov-03-2022 - - Click here Texas  E&P
Jul-09-2021 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Feb-18-2026 SM Energy Sells Eagle Ford Asset for $950 Million - -
Nov-12-2025 Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture - -
Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM - -