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BHP Billiton''s petroleum boss, ... Mr Cutt told a conference in New York that the US onshore business should be a ... In the US shale business, BHP is continuing ...
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Speaking at a media briefing Monday in Houston, Rod Skaufel, BHP''s asset president of shale, detailed the company''s drive to increase shale production. The company''s petroleum division produces roughly 700,000 boe/d. Forty two percent of that can now be attributed to shale.
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BHP Billiton, the world''s largest miner, has hired Barclays and Citigroup to help it exit its underperforming U.S. shale oil and gas business, which could fetch around $10 billion, two banking sources said.
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BHP is prepared to offer the assets in as many as seven packages, including three in the prized Permian Basin, people with knowledge of the producer''s plans said this month. The company values the assets at $10 billion or more, though could consider a swap of onshore U.S. acreage for offshore wells in the Gulf of Mexico, according to .
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Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.
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Feb 22, 2011 · BHP Billiton enters US shale gas business ... the chief executive of BHP Billiton Petroleum, ... "The Fayetteville Shale is a world-class onshore ...
Get PriceAustralian resource conglomerate BHP Billiton is ramping up its activity in unconventional resource plays in the US. Since entering the US shale business 3 years ago, the company has grown into one of the top producers in the Eagle Ford shale.
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Investor presentations and briefings. Seaborne Energy Coal - Continuing Growth. BHP Billiton - Building Long Term Relationships with China
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SBB''s steel glossary is great for finding the definition for any steel term associated to the industry.
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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 .
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BHP Billiton Cuts Petroleum CAPEX by 44 ... according to the leader of BHP Billiton''s US onshore ... 2013 BHP Billiton says its US shale business would ...
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MMGJ Hugoton III, LLC, a company owned by Merit Energy Company, has agreed to acquire of the issued share capital of BHP Billiton Petroleum (Arkansas) Inc and of the membership interests in BHP Billiton Petroleum (Fayetteville) LLC, which hold the Fayetteville assets, for a total consideration of US$0.3 billion (less .
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The sale ends a disastrous seven-year investment by BHP in the shale business, ... a unit of Merit Energy Company will buy BHP Billiton Petroleum ... United States US.
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MMGJ Hugoton III, LLC, a company owned by Merit Energy Company, has agreed to acquire of the issued share capital of BHP Billiton Petroleum (Arkansas) Inc and of the membership interests in BHP Billiton Petroleum (Fayetteville) LLC, which hold the Fayetteville assets, for a total consideration of US$0.3 billion (less .
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BHP Billiton Ltd., whose U.S. onshore portfolio has been slammed by misfires for more than two years, on Wednesday said it expected to write down $2.8 billion pretax, mostly for a natural gas-focused field in the Eagle Ford Shale.
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Sale of Onshore US assets BHP today ... Inc and of the membership interests in BHP Billiton Petroleum ... we confirmed that we would seek to exit our US shale ...
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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.
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