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:
Other reports you may be interested in
Asset Report
Sargent (GB 339)
Sargent (GB 339) is a small gas field in northeastern Garden Banks around 10 kilometres (6 miles) north of the Auger field. Deep Gulf ...
$3,100
Asset Report
Horn Mountain
Horn Mountain is a large oil and associated gas field located in the northeastern corner of the Mississippi Canyon protraction area. ...
$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