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One-Page Deal Sheet

Oxy Snaps Up Hess' Permian EOR Assets for $600 Million

Not Disclosed Not Disclosed
AnnouncedJun 19, 2017
TypeProperty
LocationPermian Basin
Announced Date
June 19,2017
Effective Date
June 01,2017
Close Date
August 01,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
600




Snapshot
Asset/Basin:
{Permian}
TargetZones:
{"San Andres"}
% Oil:
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Location
Region
Permian

Country
United States

State
New Mexico

Play
Permian Basin


Production
Production
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Production Mix
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Calculated Metrics( EV/Category)
$/ Flowing
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Transaction Details:  Subscribe to see


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Permian Deal Activity In Last 12 Months


Other Permian Region's Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-02-2026 - - Click here Texas  E&P
Nov-03-2025 - - Click here Texas  E&P
Jan-30-2025 - - Click here Texas  E&P
Jan-27-2025 - - Click here Texas  E&P
Jan-04-2024 - - Click here Texas  E&P

Price History


Date Deal Headline Price$/acre
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank - -
Nov-03-2025 SM Energy, Civitas Strike $12.8B All-Stock Merger - -
Sep-02-2025 Crescent Energy Acquires Vital - -