Current RDS.A Stock Info

Vermilion Energy will become operator when transaction closes
Shell (ticker: RDS.A) announced today the sale of its share of the Corrib gas venture, marking its exit from the upstream business in Ireland. Including conditional payments, the transaction is valued at $1.23 billion.

First discovered in 1996, the Corrib offshore gas field began production in late December 2015. The field produces from six offshore wells, with peak production of 260 MMcf/d of gas. Shell reports its share of production from the venture was about 162 MMcf/d in 201...


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