Shell plc

Permian Basin : Top Operators By Wells Drilled ; Jan-01, 2016 to Feb 19, 2016

Petrobras Libra Well Confirms Pre-Salt Oil Discovery In Santos Basin

Petrobras has concluded the drilling of the well 3-BRSA-1305A-RJS (3-RJS-739A), located in the Libra block northwest area, in the pre-salt of the Santos Basin, confirming the discovery of good quality oil in reservoirs with excellent productivity....

Shell Plans Job Cuts, Upstream 'Reorganization'; Updates Ops

CEO Ben van Beurden commented: "We are making substantial changes in the company, reorganising our Upstream, and reducing costs and capital investment, as we refocus Shell, and respond to lower oil prices."

Shell Talks 4Q Estimates; 3.0 MMBOE/d in Production

Production for the fourth quarter 2015 was 3.0 million boe/d, and for the full year 2015 2.9 million boe/d.

Shell CancelsTransocean Drillship Contract

Transocean Ltd. announced today that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017. Transocean will be compensated for the early termination through a...

Shell Plans Further Job Cuts Ahead of BG Acquisition

Shell currently expects an overall potential reduction of approximately 2,800 roles globally across the combined group.

Shell Halts Construction at Carmon Creek Oil Sands Project

Not continue construction of the 80 Mboe/d Carmon Creek thermal in-situ project.

Duvernay Shale October 2015 Update: Operators Forging Ahead

This is our October/Q3 Duvernay Shale Update

On the Market: Permian Basin : Apache Selling 31,198 Net Acres,Upton, Crane; Shell Selling 22,396 Net Acres In Pecos County

Property on the market

Shell Tapped for Five-Year Exploration Deal Offshore Bulgaria

Similar to Ukraine, Bulgaria is looking to tap into its own energy resources in an effort to decrease its dependence on Russian gas supplies.

Shell to Axe Offshore Alaska Ops After Burger J Fails to Deliver

Shell has found indications of oil and gas in the Burger J well, but these are not sufficient to warrant further exploration in the Burger prospect.

On the Market: TX State Land Minerals 28,500 Acres, Olmos Field 3,600 Net Acres, Eagle Ford 1,600 Net Acres, Moxa Arch Wyoming 15,700 Net Acres, 5 Well Non-Op DJ Basin, 80+ Well Royalty Package, Utica 62,900 Net Acres

Multiple asset packages on the market.

Shell Eyes 6,500 Job Cuts in 2015; Talks BG Merger Deal

Royal Dutch Shell has reported an update on company development and the recommended combination with BG Group plc.

Shell Talks GOM Appomattox Advancement; Global Exploration Gains

The company reported its 2Q15 results, which included updates on its Gulf of Mexico operations, FLNG project and the addition of new acreage positions in the U.S., United Kingdom and Indonesia.

Shell to Develop Giant Deepwater GOM Field; Largest Platform in Fleet

The sanctioned project includes capital for the development of 650 million boe resources at Appomattox and Vicksburg.

Shell Spending $1.4 Billion in the Arctic This Year

Outlined spending and development plans for the area.

U.S. Regulators Clear $70B Shell, BG Mega-Deal

The United States Federal Trade Commission (FTC) announced its approval on Tuesday June 15, 2015.

Shell Continues Sale of Downstream Business Segments

Shell has received an offer of $529 MM from the French company DCC for its Butagaz LPG business.

Shell Taking Second Swing at Arctic Drilling

Royal Dutch Shell PLC has been approved to resume exploration on Alaska's Arctic coast.

Shell Ditching Karoo Basin Shale Exploration Plans

A Shell-commissioned study estimates that the company would have been able to extract ~50 trillion cubic feet (tcf) of the basin’s reserves.