Apr 26, 2017· BHP Billiton says it is seeking to sell some of its US shale acreage, in an admission that comes barely two weeks after an activist fund publicly urged …
Jun 04, 2014· Big oil companies can be successful in shale, but success requires a focus on "relentless productivity improvement", according to the leader of BHP Billiton's U.S. onshore business. BHP's ...
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Jul 27, 2018· BP Plc has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton, expanding the British oil major's footprint in oil-rich onshore basins in its biggest deal in nearly 20 years.
Oct 28, 2014· "This is expected to generate significant value as investments in our liquids-rich onshore US wells typically generate returns of over 50 percent." BHP would also "fully develop" its other shale gas asset at Haynesville, petroleum boss Tim Cutt told an investor briefing in London on Tuesday.
Oct 27, 2014· Mining giant BHP Billiton is set to sell some of its shale gas assets in the United States, closing the chapter on a controversial acquisition three years ago that sparked a multi-billion dollar writedown. The chief executive of the world's biggest miner, Andrew Mackenzie, said BHP was looking to sell its Fayetteville shale gas assets in Arkansas.
Jul 15, 2015· In 2011, Australia-based mining company BHP Billiton Ltd. paid $15 billion to acquire Petrohawk Energy and $4.75 billion to acquire nearly 500,000 leased acres in …
Mar 11, 2016· BHP Billiton has given the most frank admission yet around its US37 billion of US onshore shale acquisitions and spending, with chief financial officer Peter Beaven declaring it …
BHP today announced that it has entered into agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian and Fayetteville Onshore US oil and gas assets for a combined base consideration of US$10.8 billion, payable in cash.
Jul 31, 2018· As per the terms of the divestment, BHP Billiton Petroleum (North America) Inc. has agreed to sell of issued share capital of Petrohawk Energy Corp., which is a wholly-owned subsidiary of BHP ...
Oct 28, 2014· BHP would also "fully develop" its other shale gas asset at Haynesville, petroleum boss Tim Cutt told an investor briefing in London on Tuesday. "The Haynesville is the premier dry gas asset in our portfolio, and one of the most prolific shale gas assets in North America," Cutt said.
BHP's projections imply that the US onshore business is unlikely to contribute positive free cash flow until 2020 if today's oil and gas prices persist, say analysts at JPMorgan.
May 14, 2012· BHP Billiton's
BHP Billiton Investor briefing – Onshore US assets 14 November 2011 Page 3 of 45 could ask you to make sure that, when we take that first set of questions, try to restrict it to the way the shale business works and anything you need to know about how the business goes
Jan 20, 2015· BHP Billiton has flagged US onshore shale oil production cuts next financial year in response to sliding oil prices, cutting production drilling activity and saying it could take more action.
BHP Billiton Investor Briefing, Petroleum Overview ... Onshore US BHP Billiton Investor Briefing, Petroleum Overview 5 October 2016 15 bhpbilliton . bhpbilliton . ... 50 US Shale Core Other Conventional Deepwater Heavy Oil US Shale Non-core 25 Middle East 0 …
Dec 13, 2011· BHP Billiton Having a Shale of a Time ... A November shale gas briefing from BHP Petroleum CEO Mike Yeager was keenly anticipated. ... days' contribution from Petrohawk's onshore U.S. properties ...
Oct 28, 2014· "This is expected to generate significant value as investments in our liquids-rich onshore US wells typically generate returns of over 50 percent." BHP would also "fully develop" its other shale gas asset at Haynesville, petroleum boss Tim Cutt told an investor briefing in London on Tuesday.
Jul 27, 2018· BP Plc has agreed to buy US shale oil and gas assets from global miner BHP Billiton for $10.5 billion, expanding the British oil major's footprint in oil-rich onshore basins in its biggest deal in nearly 20 years.
Bhpbilliton resourcing the future BHP Billiton Petroleum's worldwide gas activities Onshore US Shale Angostura India Exploration Zamzama South China Sea Exploration Western Australia Exploration Scarborough NW Shelf Browse Macedon Minerva Bass Strait •Wide range of gas exploration and production activities •Involved in all major gas ...
Dec 11, 2013· BHP Billiton believes its US shale business will be profitable by 2016, in what appears to be a slightly less ambitious schedule than last year's.
Dec 10, 2013· BHP Billiton currently has a petroleum resource base of just under 10 billion boe, of which around three quarters is gas and located in the US. Its proved reserves total 1.33 billion boe at its onshore US shale assets and 284 million boe in the Gulf of Mexico.
Jan 14, 2016· BHP Billiton is set to take a $10.3 billion write-down on its US shale oil and gas assets, following a plunge in energy prices over the past year-and-a …
Jun 13, 2012· Peter Beaven, President Base Metals, provides an update on BHP Billiton's Base Metals business. Conferences|Business Briefings 13 June 2012, 10:00 AM
Jul 26, 2018· BP Plc
BHP Billiton Petroleum Onshore US shale briefing J. Michael Yeager Group Executive and Chief Executive, Petroleum 14 November 2011
Jun 09, 2014· Speaking to a press briefing June 2 in Houston, Skaufel said BHP was best known for its ability to execute complex deepwater developments when it …
Nov 10, 2019· Last year, BHP ended a massive loss-making seven-year foray into shale by selling most of its U.S. onshore shale oil and gas assets to BP Plc BP.L for $10.5 billion. (reut.rs/34MGsox)
Jul 26, 2018· BP PLC has agreed to acquire almost all of BHP Billiton Ltd.'s US unconventional business for $10.5 billion. The deal calls for BP American Production Co. to buy of the issued share capital of BHP's wholly-owned Petrohawk Energy …
BHP Billiton Petroleum Onshore US shale briefing J. Michael Yeager Group Executive and Chief Executive, Petroleum 14 November 2011 bhpbilliton resourcing the future