A meaningful Woodcreek update has surfaced.
Reporting published on 28 August 2026, drawing on the JLL marketing material for Shell’s Houston campus, gives a much more precise picture of the proposed leaseback. Shell is reported to intend a 15-year lease on Buildings E and F, plus one floor of Building A, while taking only three-year leases on Buildings B, C, D and the remainder of Building A. That means the more than 700,000 sq ft Shell plans to relinquish would be released progressively over roughly three years rather than all at once. (Hoodline)
The broader terms remain unchanged: the Woodcreek campus is being marketed at about $325 million, Shell would retain a little over half of the nearly 1.5-million-sq-ft complex under the long leaseback, and there is still no identified buyer or confirmed sale price. (Houston Chronicle)
On Aberdeen, I found no meaningful new numerical disclosure. Shell still has not publicly stated how many employees will be required to move to London in 2027, and there is still no confirmed redundancy number tied to that relocation. The affected roles remain described as being in development, subsurface and wells, mostly supporting Shell’s global operations rather than the UK business. (Press and Journal)
So the new point worth recording is: Woodcreek is not simply a 15-year half-campus leaseback; Shell appears to be staging its exit from the rest of the campus over a three-year period, building by building.
*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.
