One-Page Deal Sheet
Shell Midstream Acquires Stake In GOM Pipeline
Shell Midstream Partners Lp BP Plc
Announced Date
December 29,2016
Close Date
December 27,2016
Transaction Type
Working Interest
Enterprise Value (EV)($MM)
42
Asset/Basin:
{"Gulf of Mexico"}
Transaction Details: Subscribe to see
Shell Midstream Partners, announced it has acquired 10% interest in Proteus Oil Pipeline Company, LLC ("Proteus"), 10% interest in Endymion Oil Pipeline Company, LLC ("Endymion"), and a 1% interest in Cleopatra Gas Gathering Company, LLC ("Cleopatra") from BP.
"Proteus also connects to the Thunder Horse platform which is a key development field for BP and ExxonMobil. In addition to Thunder Horse, Proteus is also currently connected to the Noble Energy, Inc. operated Thunder Hawk platform. This acquisition will deepen our footprint in the Eastern Gulf of Mexico, an active area with a number…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-15-2024 |
-  |
- |
Click here | Louisiana | E&P |
| Sep-22-2022 |
- |
- |
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| May-25-2022 |
- |
- |
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| Apr-05-2022 |
- |
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Click here | Gulf of Mexico | E&P |
| Jan-10-2022 |
- |
- |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jan-15-2024 | Talos Acquires QuarterNorth Energy For $1.2 Billion | - |
- |
| Sep-22-2022 | Talos to Acquire GOM-Focused EnVen Energy for $1.1 Billion Cash/Stock | - |
- |
| Jan-10-2022 | W&T Acquires GOM Assets, Operatorship for $30.2MM in Cash | - |
- |