In its Q2 2013 results, Shell reported a US$2.1 billion impairment charge on its North American liquids-rich shale plays (LRS), as part of a strategic review of its entire North American portfolio. Shell plans to exit from operational theatres (basins) across North America that do not meet internal criteria in terms of reserves materiality and value.
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Eagle Ford is the highest profile asset for sale
Harrison Ranch acreage has underperformed the play's best sub-plays