ConocoPhillips (NYSE:COP) said Friday it agreed to sell its interests in the Ursa and Europa fields and Ursa Oil Pipeline Company to Shell (SHEL) for $735M. FY 2024 production associated with ConocoPhillips' (NYSE:COP) 15.

ConocoPhillips (NYSE: COP) today announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP,

ConocoPhillips said on Friday it would sell its interests in the Ursa and Europa Fields to Shell for $735 million, as part of the shale producer's plan to streamline its portfolio. The company has been looking to offload non-core assets to help lower debt after its $22.