By Bradley Olson – Mar 7, 2012 9:29 PM GMT Royal Dutch Shell Plc. (RDSA), Europes largest oil company, wont increase its spending on drilling shale fields this year due to low natural-gas prices. It wasnt so long ago that gas prices were still at a level where everybody was drilling almost as fast as [...]
Posts Tagged ‘Marvin Odum’
Shell Executive: Expects To Drill In Alaskan Arctic This Summer
JANUARY 12, 2012 HOUSTON (Dow Jones)–Royal Dutch Shell (RDSA, RDSA.LN) is confident it will be able to drill for oil and natural gas in Alaska’s arctic region this summer as it hopes to overcome its remaining legal challenges. “We still have a few not insignificant hurdles to get past, but it looks that we will [...]
Deep Gulf drilling thrives 18 mos. after BP spill
By JONATHAN FAHEY, AP Energy Writer: 30 December 2011 ALAMINOS CANYON BLOCK 857, GULF OF MEXICO (AP) Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean’s surface than ever before. These pipes, which run nearly two miles deep, are connected to [...]
Shell focuses on less developed US shale oil plays
HOUSTON | Mon Oct 31, 2011 7:35pm GMT Oct 31 (Reuters) – Royal Dutch Shell (RDSa.L) 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 said on Monday. Marvin Odum told [...]
Economic benefits will likely win Keystone XL approval: Shell
Christine Dobby Oct 24, 2011 5:41 PM ET TORONTO The U.S. government is likely to approve the Keystone XL pipeline in part because of the economic benefits that would come along with the controversial US$7-billion project, the head of Royal Dutch Shells North American operations, predicted Monday. In fact, the economic benefits attendant [...]
Oil Drilling Rebounds in Gulf After Spill
A rig and supply vessel at work in the Gulf off the coast of Louisiana. Associated Press By RUSSELL GOLD The Gulf of Mexico has staged a comeback as a source of oil for big energy companies, little more than a year after the Obama administration largely shut down drilling in the wake of the [...]
Shell Gambles U.S. Rules on Arctic Drilling
Shell, Europes largest oil company, says it must decide by October whether to assume that U.S. regulators will issue all 35 permits it would need to explore under the Beaufort and Chukchi seas next year during the four mildest months, from July to October.
Shell Executive: No Emergency To Warrant Release From Oil Reserve
June 30, 2011 HOUSTON -(Dow Jones)- There was no emergency in oil markets to warrant the globally coordinated oil release announced last week, a top executive from oil giant Royal Dutch Shell PLC (RDSA) said Thursday. “That oil is there for emergency purposes. Do I consider now an emergency? I have to say I don’t,” [...]
Public asked to place its trust in Shell operating principles
By John Donovan In the article below, part of a major PR campaign, Shell Oil President Marvin Odum (right) asks a public concerned about Shell onshore operations, including hydraulic fracturing (fracking), to place its trust in the integrity of Shell and its global operating principles. It is therefore timely to reflect on the repeated assurances [...]
U.S. Gulf still important to Shell
HOUSTON | Mon Jun 13, 2011 5:35pm EDT (Reuters) – The Gulf of Mexico remains a “very strategically important” area for Royal Dutch Shell’s (RDSa.L) Americas arm both in terms of exploration and the company’s consideration of buying more assets, Marvin Odum, president of Shell Oil Co, said on Monday. We’ve been growing our business [...]
Shell Makes Final Investment To Develop Cardamom Field
June 8, 2011 LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) has taken the final investment decision for the multi-billion dollar development of its deepwater Cardamom oil and gas field in the Gulf of Mexico, the Anglo-Dutch energy company said Wednesday. “This is another sizable deep-water investment by Shell that strengthens energy supplies to the [...]
Shell President Marvin Odum Appears at the Senate Finance Committee Meeting
WASHINGTON, May 12, 2011 /PRNewswire/ — Statement of Marvin E. Odum President, Shell Oil Company (Photo right) SHELL OIL COMPANY ODUM Marvin Odum, president of Shell Oil Company. (PRNewsFoto/Shell Oil Company) WASHINGTON, DC UNITED STATES Chairman Baucus, Ranking Member Hatch, and members of the Committee: I am Marvin Odum, president of Shell Oil Company. Shell [...]
Shell Hopeful on Arctic Permits After U.S. Meeting
Tuesday May 10, 2011 By GUY CHAZAN AND STEPHEN POWER The White House is ratcheting up its involvement in a looming decision on whether to grant Royal Dutch Shell PLC permission to drill for oil off the coast of Alaska, raising the company’s hopes that it can secure the necessary permits for an expensive and [...]
US not ready for debate on exporting shale gas: Shell official
Washington (Platts)–26Apr2011/533 pm EDT/2133 GMT Shell’s president for US operations on Tuesday called talk of exporting shale gas premature, at least politically. “We’re still waking up to the fact that we have this enormous energy resource in our backyard,” Marvin Odum said at the US Energy Information Administration’s conference in Washington. “It completely changed the [...]
Shell Expects to Drill in Alaska’s Arctic in 2012
APRIL 15, 2011 By ISABEL ORDONEZ Royal Dutch Shell PLC expects to start drilling in Alaska’s Arctic waters in the summer of next year and have in place an oil-containment system specifically designed for the area ready at the same time, the head of the company’s U.S. operations said Friday. “Our aspiration is to drill [...]


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