Shell to Book Extra $250 Million-$350 Million Upstream Well Write-off in 3Q
September 30 2019 - 3:33AM
Dow Jones News
By Ian Walker
Royal Dutch Shell PLC (RDSA.LN) said Monday that it expects to
report extra upstream well write-offs of $250 million to $350
million in the third quarter, compared with the same period last
year.
In a statement ahead of its third-quarter earnings the oil major
said it expects upstream production to be between 2.6 million to
2.7 million barrels of oil equivalent a day and downstream oil
product sales volumes of 6.7 million to 7.4 million barrels a
day.
Shell said that integrated gas production for the quarter is
expected to be between 930,000 and 960,000 barrels of oil
equivalent a day.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
September 30, 2019 03:18 ET (07:18 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Shell (LSE:RDSA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Shell (LSE:RDSA)
Historical Stock Chart
From Apr 2023 to Apr 2024
