National Fuel Gas Company (NYSE: NFG) (the “Company”) announced today that it has entered into a purchase and sale agreement with SWEPI LP, a subsidiary of Royal Dutch Shell … Shell’s Appalachia operations are located in the predominately rural northern and western portions of Pennsylvania, where the company drills and produces dry gas from the Marcellus and Utica formations. (RTTNews) - National Fuel Gas Co. (NFG) Monday said it agreed to buy Royal Dutch Shell plc's (RDS.A) upstream and midstream gathering assets in … © 2020 GlobeNewswire, Inc. All Rights Reserved. Media Relations US & Brazil: +1 832 337 4355 International: +44 207 934 5550. National or international acceptance With our national and international cards you can choose where your drivers can use their Shell Fuel Card. The transaction includes the transfer of ~450,000 net leasehold acres across Pennsylvania, with approximately 350 producing Marcellus and Utica wells in Tioga County and associated facilities. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. (RTTNews) - National Fuel Gas Co. (NFG) Monday said it agreed to buy Royal Dutch Shell plc's (RDS.A) upstream and midstream gathering assets in … Houston - SWEPI LP (“Shell”), a subsidiary of Royal Dutch Shell plc, has completed the sale of its Appalachia shale gas position to Seneca Resources Company, LLC and NFG Midstream Covington, LLC, each of which are subsidiaries of National Fuel Gas Company (“NFG”). ET … WILLIAMSVILLE, N.Y., July 31, 2020 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE: NFG) (the “Company”) announced today that it has completed the purchase of integrated upstream and midstream gathering assets in Pennsylvania from SWEPI LP, a subsidiary of Royal Dutch Shell plc (NYSE: RDS.A) (“Shell”), in an all cash transaction of approximately $504 million, after customary purchase price adjustments. (Shell) Notes to Editors The transaction includes the transfer of ~450,000 net leasehold acres across Pennsylvania, with approximately 350 producing Marcellus and Find out how to contact our Media Relations team across the world. National Fuel Gas’s acquisition of Royal Dutch Shell’s upstream Pennsylvanian assets for an implied deal value of $1,044/Mcfe of daily production is the lowest tight-shale gas deal (with reported production) in Appalachia and the second lowest in the United States over the last 25 years. “Divesting our Appalachia position is consistent with our desire to focus our Shales portfolio,” said Wael Sawan, Upstream Director at Shell. The Check List is recognised by eight of the major aviation fuel suppliers - Agip, BP, ChevronTexaco, ExxonMobil, Kuwait Petroleum, Shell, Statoil and Total - as the basis of their international supply of virtually all civil aviation fuels outside North America and former Soviet Union. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date thereof. --National Fuel Gas Company announced today that it has completed the purchase of integrated upstream and midstream gathering assets in Pennsylvania from … Royal Dutch Shell paid a price that was more than four times higher – $5,380 per net acre. The transaction also includes the transfer of the Shell owned and operated midstream infrastructure. National Fuel Gas (NYSE:NFG) agrees to acquire Royal Dutch Shell's (RDS.A, RDS.B) integrated upstream and midstream assets in Pennsylvania for $541M. National Fuel Gas Company (NYSE: NFG) (the “Company”) announced today that it has entered into a purchase and sale agreement with SWEPI LP, a subsidiary of Royal Dutch Shell … National Benzole was a petroleum brand used in the United Kingdom from 1919 to the 1960s. The National Association of Shell Marketers, Inc. (NASM) is a brand-specific trade association which represents the interests of those companies which have wholesale supply contracts with Shell Oil, its licensees or its branded marketers. National Fuel (NYSE: NFG) can either pay in cash or up to $150 million of the purchase price in common stock at a $38.97 share value; National Fuel closed Monday at $38.93 a share. National Fuel can pay all cash or include up to $150 million of its common stock at an adjusted price of $38.97 per share. 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