HIGHLIGHTS
- Australia is a key growth country for Shell, with major investment currently underway to develop more than 6 mtpa of LNG capacity over the next five years.
- We are building the world’s largest floating LNG (FLNG) facility for the Prelude field offshore north-west Australia, and are participating in the Gorgon LNG Trains 1-3 project.
- In 2013, we started up the North Rankin Redevelopment project and in 2014, we agreed to divest our interest in Wheatstone LNG.
- Production in Oceania amounted to 175 thousand boe/d in 2013.
- After-tax earnings from the oil and gas exploration and production operations of our subsidiaries, joint ventures and associates in the region were $1.1 billion.
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KEY FIGURES |
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2013 |
% of total | ||||
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Total production (thousand boe/d) [A] |
175 |
5% |
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Liquids production (thousand b/d) [A] |
39 |
3% |
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Natural gas production (million scf/d) [A] |
788 |
8% |
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Gross developed and undeveloped acreage (thousand acres) |
75,714 |
26% |
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Proved oil and gas reserves excluding non-controlling interest (million boe) [B] |
1,370 |
10% |
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In the Oceania, Shell has interests in Australia and New Zealand.
