oil & gas assets
You have accessed this news story:

ES - Shell exits Appalachia E&P with $541MM sale to National Fuel - May 12, 2020



Feed Icon
In the largest new US upstream transaction of 2020, National Fuel Gas subsidiary Seneca Resources has agreed to buy Shell’s Appalachian upstream and midstream assets for $541 million, plus two contingent payments in 2021 and 2022 if Henry Hub is greater than or equal to $2.75/MMbtu. The dry gas Marcellus and Utica assets cover 450,000 net acres (86.5% NRI), of which 200,000 net acres lie in Tioga County, Pennsylvania. The rest is spread across......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News