Highlights
- Americas production grew to some 740,000 boe/d in 2013, driven by growth in shale and tight-gas assets, which was offset by a decline from our deep-water business.
- After tax earnings were negative in 2013 mainly due to higher exploration costs and dry hole well write-offs.
- Shell continued to progress its deep-water growth plans with the start up of BC-10 Phase 2 in Brazil and more recently the Mars B Olympus tension-leg platform in the Gulf of Mexico. Shell also acquired a 20% stake in the Libra pre-salt discovery offshore Brazil.
- The ASOP debottlenecking project in Canada also started up in 2013.
- We are participating in development of six key growth projects: Cardamom and Stones, in the Gulf of Mexico, MMLS LNG (Elba) in the USA, BC-10 Phase 3 in Brazil, Carmon Creek heavy oil in Canada and liquids-rich shale/tight-gas projects across North America.
- Shell continues to appraise liquids-rich shale acreage and focus on developing the more profitable sweet spots within our Americas acreage.
| Download XLS |
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KEY FIGURES |
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2013 |
% of total | ||||||
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Total production (thousand boe/d) [A] |
735 |
23% |
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Liquids production (thousand b/d) [A][C] |
289 |
21% |
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Synthetic crude oil production (thousand b/d) [A] |
126 |
100% |
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Bitumen production (thousand b/d) [A] |
19 |
100% |
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Natural gas production (million scf/d) [A] |
1,750 |
18% |
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Gross developed and undeveloped acreage (thousand acres) |
60,177 |
21% |
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Proved oil and gas reserves excluding non-controlling interest (million boe) [B] |
3,937 |
28% |
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In the Americas, Shell has interests in Argentina, Brazil, Canada, Colombia, French Guiana, Guyana, Peru, Mexico, Trinidad and Tobago, Venezuela and the USA.
