Deal Insight
Hess divests interests in the Beryl area fields to Shell for US$524 million
This report is currently unavailable
Report summary
Hess has announced the divestment of its interests in the Apache-operated Beryl area fields for a consideration of US$525 million. Of the 11 fields involved in the deal, the largest by value are the Beryl and Nevis South fields. Shell will increase its existing interests in the Beryl area fields by between 9.1% and 65.5%.Under our base case assumptions, we value the acquired interests at US$548 million (NPV 10, discounted to 1 January 2012), which is in line with the consideration paid. ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Beryl Area
- Nevis South
- Deal analysis
-
Upsides and risks
- Upsides
- Risks
-
Strategic rationale
-
Hess
- Shell
-
Hess
- Oil & gas pricing and assumptions
Tables and charts
This report includes 7 images and tables including:
- Executive summary: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
What's included
This report contains:
Other reports you may be interested in
Asset Report
Beryl Area
The Beryl Area, located 335 kilometres north-east of Aberdeen, consists of ten fields: Beryl, Buckland, Callater, Corona, Garten, ...
$3,100
Deal Insight
Enauta sells 20% in Atlanta and Oliva fields to Westlawn for US$302 million
Westlawn Americas Offshore diversifies beyond its US Gulf of Mexico-focused business with Brazil entry.
$1,650
Asset Report
St Fergus (SAGE)
The St Fergus (SAGE) Terminal accepts gas from the Scottish Area Gas Evacuation System (SAGE), the Britannia System and, before it ...
$2,150