HIGHLIGHTS
- Production amounted to nearly 1.1 million boe/d, which was around 33% of our total 2011 production.
- After-tax earnings from oil and gas exploration and production operations of our subsidiaries in the region were $2.5 billion. Our share of oil and gas exploration and production earnings of equity-accounted investments was $2.4 billion.
- We are participating in the development of eight projects in the region: Harweel and Amal in Oman; SAS and Bab Thamama G and Bab Habshan-2 in the United Arab Emirates; Gumusut-Kakap and Sabah Gas Kebabangan in Malaysia; Kashagan Phase 1 in Kazakhstan; and Majnoon FCP in Iraq. Shell also signed an agreement with the government of Iraq to establish the Basrah Gas Company and acquired a 30% interest in the Indonesian Masela block, which contains the Abadi FLNG field.
|
KEY FIGURES |
|
| ||||
|---|---|---|---|---|---|---|
|
|
2011 |
% of total | ||||
| ||||||
|
Total production (thousand boe/d) [A] |
1,070 |
33% | ||||
|
Liquids production (thousand b/d) [A] |
639 |
42% | ||||
|
Natural gas production (million scf/d) [A] |
2,504 |
28% | ||||
|
Gross developed and undeveloped acreage (thousand acres) |
75,822 |
30% | ||||
|
Proved oil and gas reserves excluding |
4,585 |
32% | ||||
Shell also has interests in Azerbaijan, India, Japan, Kuwait, Saudi Arabia, Singapore and South Korea.
