December 2011, Vol. 238 No. 12

In The News

Shell Focusing On Less Developed Shale Oil Plays

Royal Dutch Shell is “very interested” in onshore U.S. shale oil, but the company is focusing on less developed plays to bypass the pricey competitive rush for more established acreage, the head of Shell’s Americas operations recently told Reuters.

Marvin Odum said oil majors likely will move into shale oil plays faster than they did during the natural gas shale boom.

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