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Issue 6 2019 - BP to divest $7 billion in shale assets

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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BP to divest $7 billion of shale assets Recently, BP is selling its portfolio of onshore shale assets in the United States for a total value of $7 billion, and relevant acquirers are ready to bid
on some of the assets
.
After the sale of some of its assets, BP still has a significant shale business
in the United States.
In addition to the aforementioned San Juan, Anadarko and Arkema basins, BP has high-quality shale oil and gas resources
in Woodford, Oklahoma, Haynesville, Louisiana, Fayetteville, Arkansas, and Permian and Eagle Ford basins in Texas.

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