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Sanchez / Blackstone Acquire Anadarko's Eagle Ford Property For $2.3 Billion

Blackstone, Sanchez Energy Corp Anadarko Petroleum Corp
AnnouncedJan 12, 2017
TypeProperty
LocationEagle Ford Shale
Announced Date
January 12,2017
Effective Date
July 01,2016
Close Date
March 01,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
2300




Snapshot
Asset/Basin:
{"Eagle Ford"}
TargetZones:
{"Upper Eagle Ford",
Net Acres
Proved Reserves

Location
Region
Gulf Coast - South Texas

Country
United States

State
Texas

County
Dimmit ,La Salle

Play


Production & Reserves
Production

Production Mix

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Require Private Equity Subscription

[Summary: Blackstone Energy and Sanchez annouced the close of their 50/50 acquisition of $2.1 billion in Eagle Ford Assets from Anadarko Petroleum.  The asset includes 155,000 net acres which will be split between Blackstone and Sanchez.  Current production was 70Mboe/d and 1P reserves of 300Mmboe (70% liquids). ]

Sanchez Energy Corporation and Blackstone Energy Partner have entered a strategic 50/50 partnership and together have decided to accquire Anadarko's 155,000 net acres in the western Eagle Ford for $2.3 billion.

This marks Sanchez's second major Eagle Ford purchase.  As you might…

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
May-16-2024 - - Click here Texas  E&P
Nov-03-2022 - - 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 - -