WebDec 1, 2024 · 1 Dec 2024. Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in the Permian to ConocoPhillips for $9.5 billion in cash. … WebSep 27, 2024 · 35:31. One of the world’s largest energy producers sold its Permian Basin assets to a Texas-based operator for $9.5 billion. Royal Dutch Shell announced the deal Sept. 20 to sell its assets in the Delaware sub-basin on the western side of the Permian which spans from southeast New Mexico to West Texas to ConocoPhillips.
Shell (RDS.A) Ends Permian Asset Sale, Begins Stock Buyback
WebRoyal Dutch Shell (IW 1000/1) said Wednesday it had agreed to buy shale assets for $1.935 billion from Chesapeake Energy, as part of vast divestment plans. The company said the purchase was a “further step to build a leading portfolio of shale assets rich in oil and natural gas liquids," adding the deal would close within 30 days. “This ... Web(Onshore Shale Gas/Shale Oil), For Shell's US Producing Assets (Appalachia, Magnolia, Pinedale, Arrowhead, Eagle Ford, and Permian Basin). Surface Engineering disciplines include Mechanic Static ... goodyear office 365 team
Shell signs agreement to sell Permian interest for $9.5 …
WebSep 21, 2024 · Royal Dutch Shell, through its subsidiary Shell Enterprises, has agreed to divest its assets in the Permian Basin, US, to ConocoPhillips in an all-cash deal worth $9.5bn. Spread across 225,000 net acres, the producing properties considered for sale are located entirely in the Delaware Basin in Texas, US. These properties have current … WebApr 11, 2024 · Shell’s integrated gas production is expected to grow to the range of 930,000-970,000 barrels of oil equivalent per day (BOE/d) or 950,000 BOE/d at the midpoint. It was 917,000 BOE/d in the ... WebJul 30, 2024 · Chevron is also among companies considering bids for the assets, which are largely located in West Texas, the people said. ... Shell courts multiple suitors for its $10B Permian shale portfolio. cheyenne wheat body