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For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.
In September alone, we added more than 2,700+ new private company transactions, bringing the total to over 32,000+ searchable deals across sectors, industries, and transaction types in Dakota Private Markets
Inside Dakota Private Markets, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the Dakota transactions newsletter, helping you cut through the noise and focus on what matters most.
To ensure the most comprehensive coverage of private market activity, Dakota’s team monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.
Below are the top 10 energy transactions.
- Transaction Date: 9/2/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $13.6B
Shell completed its acquisition of ARC Resources, a Montney basin energy producer in British Columbia and Alberta, with ARC shareholders receiving CAD 8.20 in cash plus 0.40247 Shell shares per ARC share. At closing the deal equates to an equity value of about USD 13.9 billion (USD 3.3 billion in cash and USD 10.6 billion in new Shell shares) and an enterprise value of about USD 16.5 billion including roughly USD 2.5 billion of net debt and leases. The acquisition adds approximately 370 kboe/d of production, and Shell expects double-digit returns and free cash flow per share accretion from 2027.
- Transaction Date: 9/10/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $4.06B
Magnolia Oil & Gas completed its acquisition of WildFire Energy, a South Texas Eagle Ford and Austin Chalk producer, in a deal announced July 20, 2026 and valued at approximately USD 4.06 billion including debt. WildFire owners receive 32.2 million shares of Magnolia Class A common stock, and Magnolia assumes WildFire’s USD 600 million of 2029 notes. The assets add about 53,000 Boe/d of production (roughly 70% oil) and 810,000 net Giddings acres, with at least USD 100 million of annual synergies expected and an immediate 9% dividend increase.
- Transaction Date: 9/9/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $2.55BB
Enbridge agreed to acquire Tallgrass Energy’s crude oil business for USD 2.55 billion in cash, an estimated 10-11x forward EV/EBITDA. The package includes 75% of the Pony Express Pipeline (about 460 kbpd from the Rockies to Cushing), 51% of the Powder River Gateway system, about 8.4 million barrels of storage across nine terminals, and the Stanchion Energy crude marketing business. It also brings the USD 0.3 billion PXP2 expansion, and the deal is expected to close later in 2026, subject to customary regulatory approvals including Hart-Scott-Rodino clearance.
- Transaction Date: 9/2/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $1.8B
Diversified Energy agreed to acquire Birch Permian Holdings, a Permian Basin oil and gas producer, from affiliates of Elliott Investment Management for approximately USD 1.8 billion, its largest acquisition to date. The deal is funded primarily by a roughly USD 1.5 billion asset-backed securitization structured with Carlyle, plus revolver liquidity. Birch adds about 68 Mboepd of production and roughly USD 548 million of annualized Adjusted EBITDA (about 3.3x), lifting Diversified’s production about 35%. Closing is expected in the fourth quarter of 2026, subject to customary conditions, with a USD 50 million break fee.
- Transaction Date: 9/22/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $1.7B
Talos Energy completed its bolt-on acquisition of Gulf of America deepwater oil assets from Shell Offshore, jointly with an affiliate of Ridgewood Energy. The deal was announced June 30, 2026 at USD 850 million of cash consideration net to Talos, with final net cash expected around USD 450-500 million after interim cash flow adjustments. The assets include a 50% working interest and operatorship in the Coulomb field and a 25% non-operated interest in the BP-operated Na Kika platform and associated fields. They add about 23 MMBoe of proved reserves and roughly 16 MBoe/d of production, about 77% oil.
Want to track energy deal activity like this as it happens? Explore the full transactions tab in Dakota Private Markets for real-time, filterable data on every deal in this sector.
- Transaction Date: 9/16/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $585M
Plains All American agreed to acquire SCM PR II, LLC (Silver Creek Midstream’s Powder River Basin assets) from Tailwater Capital and The Energy and Minerals Group for approximately USD 585 million in cash. The assets include about 600 miles of crude gathering and transmission pipelines, more than 350,000 barrels per day of capacity, about 1.2 million barrels of storage, and a 49% non-operated interest in the Powder River Gateway JV. They are supported by 915,000 dedicated acres and a weighted-average contract tenor of more than eight years. The deal is expected to close in the fourth quarter of 2026, subject to customary conditions including Hart-Scott-Rodino clearance.
- Transaction Date: 9/16/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $550M
Chord Energy agreed to sell its entire non-operated Marcellus position to POSCO International for USD 550 million in gross consideration, about 6x Adjusted EBITDA. The assets comprise roughly 32,000 net acres and trailing 12-month production of about 121 MMcfpd, all residue gas. Chord received a USD 55 million deposit, and the deal is expected to close in the fourth quarter of 2026. It leaves Chord focused exclusively on the Williston Basin and lowers its net leverage further.
- Transaction Date: 9/25/2026
- Industry: Energy Equipment & Services
- Type: Acquisition/Merger
- Transaction Value: $401.4M
GOWell Technology, a well logging solutions provider for the energy sector, completed its business combination with SPAC Inflection Point Acquisition Corp. V on September 25, 2026, at a pro forma enterprise value of USD 401.4 million. The combined company, GOWell Energy Technology, begins trading on Nasdaq under “GOW” on September 28, 2026. PIPE investments of USD 70 million (about USD 50 million at closing plus USD 20 million funded at signing) will support growth initiatives and working capital.
- Transaction Date: 9/11/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $400M
ESENTIA Energy Development agreed to acquire 100% of Energía Occidente de México, owner of the roughly 313-km Guadalajara-Manzanillo natural gas pipeline system, from TC Energía Mexicana and TCPL CentrOriente for a gross purchase price of USD 400 million. The pipeline connects directly to ESENTIA’s existing system and would extend its network to the Port of Manzanillo, making it the only private company with an integrated pipeline from the Permian Basin to Mexico’s Pacific coast. It will be funded with available liquidity and existing credit facilities, without increasing gross indebtedness, and closing is subject to customary conditions and regulatory approvals.
- Transaction Date: 9/1/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $396M
DNO, through its acquisition vehicle DNO Bidco AS, agreed to a recommended cash acquisition of Capricorn Energy plc, an Egypt-focused oil and gas producer, at USD 5.214 per share (USD 4.224 in cash plus a USD 0.99 special dividend). The offer implies an equity value of about USD 396 million (£292 million), a 45% premium to the undisturbed price, and tops the competing Genel offer by about 10%, or USD 0.474 per share. The deal marks DNO’s entry into Egypt, is conditional on Capricorn shareholder approval and Egyptian consent, and is expected to become effective in Q4 2026 or Q1 2027.
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.
Inside Dakota Private Markets, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.
Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota helps you cut through the noise and focus on what matters most.
For more information on these transactions and a deeper dive into their industries and sub-industries, request access to Dakota Private Markets.
