After taking a more than $2 billion charge against its Canadian and U.S. liquids-rich properties in the second quarter, Royal Dutch Shell plc has decided that its Eagle Fore Shale assets would be better off in the hands of someone else.
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Articles from Shell
Shell to Close Oil Shale Research in Colorado
After a 32-year run, Royal Dutch Shell’s U.S. operations are pulling the plug on oil shale research in Colorado, noting that the company has spent tens of millions of dollars and learned a lot. The closing of the operations will be a careful, phased exit to maximize environmental and safety considerations in the Piceance Basin in northwest Colorado, Shell said.
Shell Picks Louisiana for GTL Project
Royal Dutch Shell plc has chosen Ascension Parish in Louisiana as the location for a potential multi-billion-dollar natural gas-to-liquids (GTL) facility.
Shell Picks Louisiana for GTL Project
Royal Dutch Shell plc has chosen Ascension Parish in Louisiana as the location for a potential multi-billion-dollar natural gas-to-liquids (GTL) facility.
Mississippian Lime Not ‘Best Value Option’ for Shell
A U.S. arm of Royal Dutch Shell plc is throwing in the towel in the Kansas portion of the Mississippian Lime, selling off 45 producing wells and about 600,000 net lease acres.
Unconventional Gas to Remain U.S.-Dominated, Says Shell Exec
The development and growth of unconventional natural gas supplies should remain an exclusive domain of the United States, according to a top executive with the energy trading arm of Royal Dutch Shell plc.
Rough Ride in 2Q for North America’s Natural Gas Marketers
U.S. natural gas marketers were in the midst of a full tactical retreat in the second quarter, with only seven of 24 companies reporting higher numbers compared with the same quarter last year, resulting in an 11% (14.82 Bcf/d) overall decline in gas sales transactions in 2Q2013 compared with 2Q2012, according toNGI’s 2Q2013 Top North American Gas Marketers Ranking.
Second FPSO Project in GOM for Natural Gas Moves Forward
Shell Offshore Inc. has awarded Paris-based Technip the contract to install a subsea natural gas pipeline structure in the deepwater Gulf of Mexico (GOM) in the Stones field in the Walker Ridge blocks that are part of the prospective Lower Tertiary Trend.
Shell Markets Colorado Leasehold in Niobrara
Royal Dutch Shell plc, which earlier this month launched a review of its entire North American portfolio, is selling some of its operations in northwestern Colorado’s Niobrara formation, according to a spokeswoman.
Colorado BLM to Revisit Air Quality on 34 Authorized Drilling Sites
Under a settlement of a pending court case, the federal Bureau of Land Management (BLM) office in northwestern Colorado has agreed to reevaluate air quality impacts on 34 authorized, but not yet permitted, oil and natural gas drilling projects in the western part of the state.