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Sabine Oil & Gas, LLC

Company Summary

Description

Sabine Oil & Gas (formerly, NFR Energy LLC) is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States. Sabine has three established core operating areas in East Texas (Cotton Valley/Haynesville), in the Eagle Ford Shale and in the Anadarko Basin (Granite Wash and Cleveland).

Website

http://www.sabineoil.com/

Operational Regions

  • Haynesville-Bossier Shale

Related Entities

Recent news

  • 6/30/2020 - Align Midstream... (subscriber access)
  • 12/3/2019 - Sabine Oil & Gas Closes... (subscriber access)
  • 8/19/2019 - Elevate Midstream... (subscriber access)
  • 7/30/2019 - Osaka Gas Acquiring... (subscriber access)
  • 11/19/2018 - Lonestar Resources... (subscriber access)

Company Transactions

Date: 6/30/2020
Type: Joint Venture

BUYERS:
  • Sabine Oil & Gas, LLC
  • Osaka Gas USA Corporation
    • SELLERS:
  • Align Midstream Partners II, LLC
    • ASSETS:
  • TOPS Pipeline
    • DETAILS:
    NOTES:
    Align Midstream has entered into a midstream joint venture with Sabine Oil & Gas, a subsidiary of Osaka Gas USA. The JV involves the newly completed TOPS Pipeline and is Osaka's first purchase in the United States midstream space.
    REGIONS:
  • East Texas/Louisiana
  • Haynesville-Bossier Shale

    • Date: 12/3/2019
    Type: Acquisition

    BUYERS:
  • Osaka Gas Co Ltd
  • Osaka Gas USA Corporation
    • SELLERS:
  • Sabine Oil & Gas, LLC
    • DETAILS:

    COST: 610 $MM

    ACRES: 175000 Acres

    NOTES:
    Sabine Oil & Gas Holdings has closed on the sale of Sabine Oil & Gas Corporation to Osaka Gas USA Corporation. This finalizes Sabine Holdings' efforts to divest all oil & gas assets following the August 2016 bankruptcy.
    REGIONS:
  • East Texas/Louisiana

    • Date: 12/3/2019
    Type: Acquisition

    BUYERS:
  • Osaka Gas Co Ltd
  • Osaka Gas USA Corporation
    • SELLERS:
  • Sabine Oil & Gas, LLC
    • DETAILS:
    NOTES:
    Sabine Oil & Gas Holdings has closed on the sale of Sabine Oil & Gas Corporation to Osaka Gas USA Corporation. This finalizes Sabine Holdings' efforts to divest all oil & gas assets following the August 2016 bankruptcy.
    REGIONS:
  • Haynesville-Bossier Shale
  • Cotton Valley Play

    • Date: 11/19/2018
    Type: Acquisition

    BUYERS:
  • Lonestar Resources US, Inc.
    • SELLERS:
  • Alerion Gas AXA
  • Sabine Oil & Gas, LLC
    • DETAILS:

    COST: 38.7 $MM

    VOLUMES: 0.8 MBOE/d

    ACRES: 2706 Acres

    REGIONS:
  • Eagle Ford
  • Austin Chalk

    • Date: 7/16/2018
    Type: Acquisition

    BUYERS:
  • OG East Texas, LLC
  • Osaka Gas Co Ltd
    • SELLERS:
  • Sabine Oil & Gas, LLC
  • Sabine East Texas Basin LLC
    • DETAILS:

    COST: 146 $MM

    VOLUMES: 33.3 Mmcfe/d

    ACRES: 35000 Acres

    NOTES:
    Osaka Gas' subsidiary, OG East Texas LLC, has entered into a deal with Sabine Oil & Gas' subsidiary, Sabine East Texas Basin, to acquire a 35% working interest on acreage in Harrison and Panola Counties, Texas for $146 million.
    REGIONS:
  • Haynesville-Bossier Shale
  • East Texas/Louisiana