Deal Insight
BP exits Alaska with US$5.6 billion sale to Hilcorp
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
*********UPDATE: 27 April 2020*********************BP announced revisions to the terms of its Alaska disposal to Hilcorp. The total consideration for the sale remains unchanged at US$5.6 billion but the structure of the consideration and phasing of payments has been modified. Under the original terms, Hilcorp was to pay BP US$4.0 billion near-term and US$1.6 billion through a subsequent earnout (we estimated this would be paid by 2022 under our previous base case). A US$500 million deposit ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Hilcorp
- BP
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1North Slope mapUpstream assets: Table 1
-
Deal analysis: Table 1Deal analysis: Table 2Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Mustang (Southern Miluveach Unit)
The Mustang development is located within the Southern Miluveach Unit and directly west of the prolific Kuparuk field. The field was ...
$3,720
Asset Report
Cannery Loop
The Cannery Loop gas field is located on the east side of the Cook Inlet, less than five kilometres north of the Kenai gas field. It is ...
$3,720
Asset Report
Freeport LNG - Train 2
Freeport Train 2 is the second of a three-train LNG export development on Quintana Island, Texas, on the US Gulf Coast. The trains are ...
$2,700
