HIGHLIGHTS
- Shell has been a leading player in the North Sea for several decades, and is also the operator of the NAM joint venture, the largest hydrocarbon producer in the Netherlands.
- Production in Europe amounted to about 800 thousand boe/d in 2012, and we invested about $3 billion in 2012 for sustainable production in the future.
- After-tax earnings from the oil and gas exploration and production operations of our subsidiaries and equity-accounted investments in the region were $4.2 billion.
- We are participating in the development of the Clair Phase 2 and Schiehallion Redevelopment projects in the UK, and the Corrib project in Ireland. We have increased our stakes in the offshore Beryl, Schiehallion and Draugen fields.
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KEY FIGURES |
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|---|---|---|---|---|---|---|
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2012 |
% of total | ||||
| ||||||
|
Total production (thousand boe/d) [A] |
790 |
24% | ||||
|
Liquids production (thousand b/d) [A] |
219 |
15% | ||||
|
Natural gas production (million scf/d) [A] |
3,311 |
35% | ||||
|
Gross developed and undeveloped acreage (thousand acres) |
14,935 |
6% | ||||
|
Proved oil and gas reserves excluding |
3,236 |
24% | ||||
CAPEX$ billion
PRODUCTIONmillion boe/d
In Europe, Shell has interests in Albania, Austria, Denmark, Germany, Greece, Hungary, Ireland, Italy, the Netherlands, Norway, Slovakia, Spain, Ukraine and the United Kingdom.
