US reserve values climb as acquisitions increase

05/27/2002
US reserve values strengthened in 2001 along with rising acquisition activity compared with 2000 even though commodity prices declined last year, said Cornerstone Ventures LP's latest report. Click here to enlarge imageOil and natural gas merger and acquisition transactions that closed in the US during 2001 were worth $71.6 billion, a 12% increase from M&A transactions' aggregate deal value of $64 billion for 2000. The $55.1 billion Chevron Corp.-Texaco Inc. merger accounted for most of the 2001 aggregate deal value, the Houston-based investment banking firm said.Value changes"In terms of the per-unit value of domestic onshore oil and gas transactions, 2001 was characterized by a...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected