Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Royal Dutch Shell A    RDSA   GB00B03MLX29

Delayed Quote. Delayed  - 09/23 05:35:51 pm
21.545 EUR   -0.39%
09/23 ROYAL DUTCH SHE : Why Iraqs Oil Production Has Reached It Limits
09/23 ROYAL DUTCH SHE : Local officials begin preparing for Shell cracker'..
09/22 ROYAL DUTCH SHE : Major LNG exports by Egypt seen unlikely
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Shell: Reassessing Development Plan For North Sea Fram Oil, Gas Field

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/22/2013 | 02:11pm CEST

By Selina Williams

LONDON--Royal Dutch Shell PLC (>> Royal Dutch Shell Plc) is reassessing its development plan for the Fram oil and gas field in the North Sea following "unexpected" initial drilling results, the company said late Thursday.

Shell had planned to produce an average of 35,000 barrels of oil equivalent a day from the field, with first production targeted within the next three years.

"Development drilling for the Fram field began last year but early assessments have shown unexpected well results. Development drilling will continue for the next several months and the results will inform a revised strategy for Fram," Shell said in a statement posted on its website.

Shell and its partner in the joint venture Esso Exploration & Production UK Ltd., a unit of Exxon Mobil Corp. (>> Exxon Mobil Corporation), is continuing to evaluate the potential of the Fram reservoirs, with a view to producing an alternative development plan for the field, Shell said.

Shell has already cancelled an order with SBM NV (>> SBM OFFSHORE) for a floating production storage and offloading vessel, or FPSO, that was to be used in the Fram project.

The Fram field is located 220 kilometers east of Aberdeen and 50 kilometers west of the median line between the U.K. and Norway in a water depth of approximately 100 meters.

Write to Selina Williams at selina.williams@wsj.com; Twitter: @selinawilliams3

-0- 
 

(MORE TO FOLLOW) Dow Jones Newswires

02-22-13 0810ET

Stocks mentioned in the article : Royal Dutch Shell Plc, SBM OFFSHORE, Exxon Mobil Corporation
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ROYAL DUTCH SHELL A
09/23 ROYAL DUTCH SHELL A : Why Iraqs Oil Production Has Reached It Limits
09/23 ROYAL DUTCH SHELL A : Local officials begin preparing for Shell cracker's presen..
09/23 ROYAL DUTCH SHELL A : Shell Oil Assigned Patent
09/22 ROYAL DUTCH SHELL A : Major LNG exports by Egypt seen unlikely
09/22 ROYAL DUTCH SHELL A : State Sen. Bartolotta doesn't expect significant public op..
09/21DJOil Companies in Iraq Hunker Down as Investment Slows
09/20 GLOBAL AROMATIC PROCESS OIL MARKET 2 : Royal dutch shell plc, chevron corp, nyna..
09/19 ROYAL DUTCH SHELL A : Quest CCS Project Reaches Significant One-Year Milestone
09/19 ROYAL DUTCH SHELL A : Issuance of New Shares
09/19 ROYAL DUTCH SHELL A : Qatar a forward looking nation with dynamism and ambition
More news
Sector news : Oil & Gas Refining and Marketing - NEC
09/23 Federal Reserve proposes new limits on Wall Street energy bets
09/22 Vodafone injects 477 billion rupees into Indian arm as competition intensifie..
09/22 BP : Azeri BP says Shah Deniz 2 on track to start gas supply from in 2018
09/22DJCHINA PETROLEUM & CHEMICAL : Sinopec Group Selling USD-Denominated Bonds via 3 T..
09/21DJOil Sector, Investors React to SEC Probe of Exxon -- Update
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
09/22 Gazprom discovers new gas deposit in Sea of Okhotsk
09/22 Maersk eyes Shell's North Sea assets
09/21 Royal Dutch Shell - Strong Dividends And Growth Potential
09/21 Suncor to take $105M charge on non-commercial well
09/20 Nigeria sues oil companies for $12.7B over "illegal" oil exports
Advertisement
Financials ($)
Sales 2016 234 348 M
EBIT 2016 13 266 M
Net income 2016 8 019 M
Debt 2016 66 506 M
Yield 2016 7,73%
P/E ratio 2016 18,05
P/E ratio 2017 10,41
EV / Sales 2016 1,14x
EV / Sales 2017 0,93x
Capitalization 201 191 M
More Financials
Chart ROYAL DUTCH SHELL A
Duration : Period :
Royal Dutch Shell A Technical Analysis Chart | RDSA | GB00B03MLX29 | 4-Traders
Full-screen chart
Technical analysis trends ROYAL DUTCH SHELL A
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 31,1 $
Spread / Average Target 28%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ben van Beurden Chief Executive Officer & Executive Director
Charles Holliday Chairman
Simon P. Henry Chief Financial Officer & Executive Director
Harry Brekelmans Director-Technology & Projects
Gerardus Johannes Wijers Deputy Chairman
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL DUTCH SHELL A2.13%201 191
EXXON MOBIL CORPORATIO..7.06%346 038
BP PLC23.42%108 037
CHINA PETROLEUM & CHEM..-2.42%87 542
SAUDI BASIC INDUSTRIES..--.--%67 012
RELIANCE INDUSTRIES LI..7.58%53 655
More Results