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WebSep 20, 2024 · HOUSTON — Royal Dutch Shell sold its oil and gas production in the Permian Basin, the biggest American oil field, to ConocoPhillips for $9.5 billion in cash on Monday. … WebSep 23, 2024 · Royal Dutch Shell plc (RDS.A) recently announced an agreement to sell all its assets in the Permian, the most prolific basin in the United States, to competitor ConocoPhillips COP. The cash ... stream house of zwide
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WebShell also holds a 25% stake in the Gorgon joint venture, which is developing Australia's largest known undeveloped gas resource. The other joint venture participants are Chevron (Operator) and ExxonMobil, Osaka Gas, Tokyo Gas and Chubu Electric Power. The Gorgon Project will develop the Gorgon and Jansz gas fields in the Carnarvon Basin 130 to ... WebSep 20, 2024 · Shell Exits Permian Basin as ConocoPhillips Doubles Down Shell is getting out of the Permian by selling out to ConocoPhillips, which has added to its bets in the west Texas play for the second year in a row. September 20, 2024 By Stephen Rassenfoss. Journal of Petroleum Technology. Twitter; WebJun 13, 2024 · The sale could be for part or all of Shell's about 260,000 acres in the Permian Basin, located mostly in Texas. The holdings could be worth as much as $10 billion, the sources said, on condition ... rowan cottage arrina