Company Report
Shell oil and gas exploration summary
Get this report
$2,450
You can pay by card or invoice
Report summary
Following completion of the BG acquisition in 2016, Shell is in the midst of a generational shift in strategy. It is transitioning from emphasising volume growth to being unequivocally driven by shareholder returns. The integration of BG allowed Shell to rationalise the combined acreage and high-grade opportunities to develop a world-class global exploration portfolio. Prior to BG, Shell's portfolio was already differentiated by its breadth and diversity. It included near-field, high-return, incremental potential, new plays in producing 'heartland' basins and longer-term, high-impact, frontier opportunities. BG added acreage and assets in all of these themes. Shell has now renewed focus on capital discipline, and is making swift progress on a planned disposal programme of up to US$30 bn.
Table of contents
-
Executive summary
- Map shows all conventional and unconventional discoveries. It excludes all unsuccessful unconventional exploration and all activity associated with assets not included within this report.
-
Strategy
- Upstream strategy
-
Exploration outlook
- Key deepwater exploration
- Unconventionals
- Evolution of exploration strategy
- Investment and costs
-
Exploration
- Well data
-
Reserves and resources
- Resource additions for two types of asset are tabulated below - conventional new field discoveries and organic unconventional plays.
- Production
-
Valuation
- Reserve replacement driven by both heartland regions and unconventionals
- Unlocking high-return incremental potential in the deepwater
- The integrated gas player
Tables and charts
This report includes 26 images and tables including:
- Basins drilled and major discoveries 2008-2017
- Exploration & appraisal spend and reinvestment
- Exploration & appraisal spend by water depth
- Exploration & appraisal spend by basin maturity
- Discovery costs by water depth
- Production from new field discoveries and organic unconventionals, and as a proportion of all future production
- Full-cycle economics
- Ten year performance summary
- Gross exploration & appraisal wells by basin and sector
- Exploration wells drilled and spend per well
- Exploration success rates
- Top 40 discoveries (2008 to 2017)
- Key organic unconventional plays
- Volumes discovered by year
- Volumes discovered by water depth
- Volumes discovered by country
- Volumes discovered by basin
- Full cycle value creation by year (conventional only)
- Full cycle value creation by year, including unconventionals
- Exploration returns by year (conventional only)
- Exploration returns by year, including unconventionals
- Value creation by resource category
- Exploration returns by water depth
- SWOT Grid
- Net active exploration acreage by water depth
- Net active exploration acreage by country
What's included
This report contains:
Other reports you may be interested in
05 October 2016
Freeport-McMoRan oil and gas exploration summary
Company Report
Freeport-McMoRan oil and gas exploration summary
Freeport-McMoRan moves to exit the oil and gas with sale of Gulf of Mexico assets to Anadarko Petroleum, after acquiring the assets in 2013.
$1,30013 November 2017
Maersk Oil & Gas oil and gas exploration summary
Company Report
Maersk Oil & Gas oil and gas exploration summary
Maersk has focused its portfolio on plays in the North Sea and Kenya, but these must now compete against Total's diverse opportunity set.
$1,30004 July 2018
Total oil and gas exploration summary
Company Report
Total oil and gas exploration summary
Total’s results are underpinned by strong exploration performance in core basins, but value creation has been impacted by low prices.
$2,450
Trusted by leading organisations
