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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Shell Acquires Permian Assets from Chesapeake

Shell plc Chesapeake Energy Corp
AnnouncedSep 12, 2012
TypeProperty
LocationDelaware Basin
Announced Date
September 12,2012
Close Date
October 22,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
1935




Snapshot
Asset/Basin:
{"Permian - Delaware Basin"}
Net Acres
Location
Region
Permian - Delaware Basin

Country
United States

State
Texas

County
Reeves ,Loving ,Culberson

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Require Private Equity Subscription

Royal Dutch Shell plc, has acquired acreage in Texas from Chesapeake Energy in a further step to build a leading portfolio of shale assets rich in oil and natural gas liquids. The $1.935 billion transaction is expected to close within 30 days. This announcement supports Shell's strategy of further building an industry-leading liquids-rich shale resource.

The acquisition provides both existing production and near-term growth potential from a proven resource, as well as promising opportunities for expansion. The acquisition covers 618,000 net acres in the Permian Basin in West Texas that…



Other Permian - Delaware Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-10-2026 - - Click here Texas  E&P
Sep-02-2025 - - Click here Texas  E&P
May-07-2025 - - Click here New Mexico  E&P
May-03-2025 - - Click here New Mexico  E&P
Nov-13-2024 - - Click here New Mexico  E&P

Price History



Date Deal Headline Price$/acre
Jul-30-2024 Permian Resources Acquires More Delaware Basin Property - -
Jul-28-2024 Vital Energy Acquires Delaware Basin Property From PE-Backed E&P - -
Jun-12-2024 Matador Resources Acquires PE-Backed Ameredev For $1.9 Billion - -