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SWEPI LP

Company Summary

Description

SWEPI LP, doing business as, Shell Western E&P, operates oil fields. The company involves in exploration and production operations throughout the continental United States and Gulf of Mexico. The company was formerly known as Shell Western E&P Inc. and changed its name to SWEPI LP. The company was incorporated in 1983 and is based in Houston, Texas. SWEPI LP operates as a subsidiary of Royal Dutch Shell plc.

Website

http://www.bloomberg.com/research/stocks/private/s...

Related Entities

Firm Transport Commitments

Project: Gulf Markets Expansion Phase II
Firm Commitment: 0

Recent news

  • 5/29/2020 - National Fuel Gas... (subscriber access)
  • 5/5/2020 - Shell Divesting... (subscriber access)
  • 4/3/2019 - Pin Oak Energy Closes on... (subscriber access)
  • 6/6/2017 - Crestwood Reports... (subscriber access)
  • 9/28/2016 - Crestwood Constructing... (subscriber access)

Company Transactions

Date: 7/30/2020
Type: Acquisition

DETAILS:

COST: 541 $MM

VOLUMES: 250 Mmcf/d

ACRES: 450000 Acres

NOTES:
Shell has reached a deal with National Fuel Gas for the sale of their Appalachian shale gas position for $541 million. The position covers 450,000 net acres across Pennsylvania and 250 Mmcf/d in production. Closing is planned for late-July 2020.
REGIONS:
  • Appalachia
  • Date: 4/3/2019
    Type: Acquisition

    DETAILS:

    ACRES: 43000 Acres

    NOTES:
    Pin Oak Energy Partners has acquired 43,000 net Utica Acres from SWEPI LP (Shell), bringing their total holdings in the play to 167,000 net acres.
    REGIONS:
  • Utica