Deal Insight

Shell exits Eagle Ford position with US$639 million sale to Sanchez Energy

This report is currently unavailable

This report is currently unavailable

Get this Deal Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

This deal doubles Sanchez's proved reserves and nearly doubles its net leasehold position and production in the play. Our US$904 million valuation suggests Sanchez has acquired this asset at an attractive price. In a relatively short time, Sanchez has proven itself an efficient acquirer of non-core assets at enviable prices. For Shell, the sale of the Eagle Ford asset closes a chapter in the play and is a further step in Shell's ongoing restructuring of its Upstream Americas resource plays.

What's included

This report contains

  • Document

    Shell exits Eagle Ford position with US$639 million sale to Sanchez Energy

    PDF 426.93 KB

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 11 images and tables including:

Tables

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Deal analysis: Table 3
  • Deal analysis: Table 4
  • Strategic rationale: Table 1
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

Images

  • Eagle Ford sub-play areas with Catarina highlighted
  • Maverick Condensate sub-play wellhead IP rates by operator

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800