The tables present oil and gas reserves on a net basis, which means that they include the reserves relating to: (i) the Shell subsidiaries including the reserves attributable to non-controlling interest holders in our subsidiaries; and (ii) the Shell share of joint ventures and associates. Proved [...]
The tables present oil and gas reserves on a net basis, which means that they include the reserves relating to: (i) the Shell subsidiaries including the reserves attributable to non-controlling interest holders in our subsidiaries; and (ii) the Shell share of joint ventures and associates. Proved [...]
Reserves: Our use of the term “reserves” in this publication means SEC proved oil and gas reserves. Resources: Our use of the term “resources” in this publication includes quantities of oil and gas not yet classified as SEC proved oil and gas reserves. Resources are consistent with the [...]
[...] Queensland’s world-class onshore gas reserves. QGC operates an 8.5-mtpa LNG plant on Curtis Island near Gladstone, as well as natural gas operations which include wells, compression stations and processing plants, in Queensland’s Surat Basin. During the development and operation of QGC, the [...]
[...] Productive wells are wells with proved reserves allocated. Exploratory wells in the process of drilling are excluded. Corrected from 27. Exploratory Europe – – 1 2 Asia 2 4 – 11 Oceania – – – 3 Africa 4 2 5 – North America – USA 40 2 35 8 North America – Canada – – 73 5 South [...]
[...] Of the Nigeria onshore proved reserves, 164 million boe are expected to be produced before the expiry of the current licences, and 377 million boe beyond. To provide funding, modified carry agreements are in place for certain key projects and are being reimbursed. Although the level of crude oil [...]
[...] and, with the advent of low-cost shale reserves, a new dynamic in value creation in oil and gas. Safety and environmental and social responsibility are at the heart of our activities. The ability to achieve our strategic objectives depends on how we respond to competitive forces. We continuously [...]