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BHP Billiton seeks US shale sale - AFR

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 …

Focus on Relentless Improvement Needed for Big Oil's ...

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 ...

Our products help build a better, clearer future | BHP

Our products help build a better, clearer future. What we produce is essential for the world to continue to grow and many of our products will help make the transition to cleaner energy possible. Positioning for the future. Learn more about our focus on the commodities the world needs to decarbonise and sustainably grow. Taking action on climate.

BP buys BHP shale assets to beef up US business

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.

BHP Billiton to sell US shale gas assets

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.

BHP Billiton to sell US shale gas assets - Yahoo

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.

BHP Billiton Writes Down $2 Billion in US Oil Assets

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 …

BHP Billiton admits US shale 'not a good investment'

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 …

Sale of Onshore US assets | BHP

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.

Wired News – BHP Billiton Offloads US Onshore Oil and Gas ...

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 ...

BHP Billiton to sell US shale gas assets | International ...

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 Billiton bets long on US shale assets | Financial Times

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.

BHP leaves door open to U.S. shale gas write-down | Reuters

May 14, 2012· BHP Billiton's petroleum chief executive left the door open to the possibility of a write-down on the company's U.S. shale gas assets on Monday, but defended their long-term value.

Transcript - bhp.com

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

BHP Billiton to cut shale drilling as oil price plunges

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.

Form 6-K - SEC

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 …

BHP Billiton Having a Shale of a Time | Morningstar

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 ...

BHP Billiton to sell US shale gas assets - Yahoo

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.

Bp Pays $10.5 Billion For Bhp Shale Assets To Beef Up Us ...

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.

BHP BILLITON - Form 6-K

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 ...

BHP predicts slower path to US shale profit

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.

BHP Billiton set to produce 250 million boe in fiscal 2013 ...

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.

BHP Billiton reveals further $10.3b shale oil write-down ...

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 …

Reports and presentations | BHP

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

BP pays $10.5 billion for BHP shale assets to beef up U.S ...

Jul 26, 2018· BP Plc has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton for $10.5 billion, expanding …

BHP Billiton Petroleum Onshore US shale briefing

BHP Billiton Petroleum Onshore US shale briefing J. Michael Yeager Group Executive and Chief Executive, Petroleum 14 November 2011

BHP exec: Shale success requires rethinking business ...

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 …

Miner BHP taps oil, gas for growth after shale exit | Reuters

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)

BP To Buy US Shale Assets From BHP for $10.5 Billion

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

BHP Billiton Petroleum Onshore US shale briefing J. Michael Yeager Group Executive and Chief Executive, Petroleum 14 November 2011 bhpbilliton resourcing the future