Shell U.K. Ltd., Esso Exploration and Production U.K. Ltd.

Transaction Type
Marketers
Basin
U.K. North Sea
Field
Guillemot A, Teal, Teal South, Cook
Post Date
Close Date
Estimated Price
0MM
Description

Shell U.K. Ltd. and Esso Exploration and Production U.K. Ltd. have retained Indigopool to sell producing interests in the U.K. Central North Sea.

The package includes 100% working interest in Guillemot A, Teal and Teal South; a 38.7% interest in Cook Field; and a 100% interest in the Anasuria floating production storage and offloading (FPSO) vessel. These assets are in blocks 21/20A, 21/25 and 21/30. Gas is exported via pipeline to St. Fergus; oil is evacuated via shuttle tankers. All fields and the FSPO are operated.

Net production is 11,500 barrels of oil and 11 million cubic feet of gas per day. Remaining recoverable equity volumes are 91 million barrels of oil equivalent.

The bid due date is June 11. Contact Les Finalle, 713-689-5860, lfinalle@indigopool.com.