Following yesterday’s post that cast a spotlight on the oil-and-gas asset pond where the fish are biting and anglers are reeling in their catch, three new developments within the last 24 hours tell us the buyer-seller party is far from over this year. As far as Black Friday deals to be had, well, that’s best left determined between the players who either need to shed their debt weight or add more good fat to their asset portfolio.

Reese Energy Consulting today is following the latest from this fishing hole starting with Tulsa-based, midstream giant ONEOK, which will sell three FERC-regulated natural gas pipelines across seven states to Detroit-based DT Midstream. The $1.2 billion deal includes the 260-mile interstate Guardian Pipeline, 400-mile Midwestern Gas Transmission, and 675-mile Viking Gas Transmission, flowing a combined 3.7+ BCFD. After its $18.8 billion acquisition last year of Tulsa neighbor Magellan Midstream, ONEOK in August forked over a combined $5.9 billion for a controlling interest in EnLink Midstream’s natural gas and crude oil platforms, and Medallion Midstream’s crude gathering and transportation systems in the Permian Midland.

PE-backed LandBridge Co., which IPO’d in June tucking under its pillow a $367 million money bag, has now made a fourth acquisition in the Permian’s Southern Delaware, adding 46,000 largely contiguous surface acres to the newcomer’s 220,000-acre position there. The $245 million deal with Vitol-backed VTX Energy Partners will be doled out in annual increments of $25 million over the next five years.

After scooping up in 2023 the last of then-Chesapeake Energy’s Eagle Ford assets, U.K.-based chemical and natural gas heavyweight INEOS has posted a for sale sign on its Giddings Austin Chalk properties that came with the company’s $1.4 billion South Texas purchase. Assets include 47,000 net acres, 272 BOED, and 56 operated, low-risk horizontal drilling locations.