Deal Insight
Shell sells deepwater GoM assets Brutus and Glider for US$425 million plus royalty interest
Report summary
Shell is divesting two relatively mature assets (7% of Shell's total deepwater GoM production) as a part of the company's effort to globally divest US$30 billion between 2016 and 2018. The sale is Shell's first material upstream divestment in 2016. The deal follows EnVen's US$205 million acquisition of Marathon's legacy assets and represents a transformational acquisition for the private equity-backed company.
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 9 images and tables including:
- Executive summary: Table 1
- Brutus and Glider Map
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deal analysis: Table 4
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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