About Shell Oil Company
Shell Oil doesn't shilly-shally around as it explores for, produces, and markets oil, and natural gas, and produces and markets chemicals. The company's
Operations
Shell Oil is the flagship of
Geographic Reach
The company has its corporate headquarters in Texas. It produces oil and gas in the Gulf of Mexico, heavy oil in California and primarily tight gas and liquid hydrocarbons in Louisiana, Pennsylvania, Texas, and Wyoming.
Sales and Marketing
There are 14,000 Shell-branded gas stations in the US. Shell Oil Products US has a network of about 6,000 branded gasoline stations in the West. Motiva refines and markets branded products through about 8,000 Shell-branded stations in the Eastern and Southern US.
Financial Performance
In 2013 the US accounted for 16% of Royal Dutch Shell's total revenues.
Strategy
Traditionally, the Gulf of Mexico produces about 15% of Royal Dutch Shell's worldwide production. Shell Oil operates the Perdido Development, the world's deepest offshore drilling and production facility, located in about 8,000 ft. of water in the Gulf of Mexico. In 2012 Shell Oil was operating 13 manned platforms in the Gulf of Mexico.
On the downstream side of the business, in 2013 Shell Oil announced plans to use North American natural gas to provide an innovative and cost-effective fuel for its commercial customers. It plans to bring liquefied natural gas (LNG) fuel one step closer for its marine and heavy-duty on-road customers in North America by taking a final investment decision on two small-scale liquefaction units. These two units will form the basis of two new LNG transport corridors in the Great Lakes and Gulf Coast regions. (This decision follows an investment decision in 2011 on a similar corridor in Alberta, Canada). Shell Oil is also working to use natural gas as a fuel in its own operations.
That year Shell US Gas & Power LLC, and Kinder Morgan unit Southern Liquefaction Company, announced their intent to form a limited liability company to develop a natural gas liquefaction plant in two phases at Southern LNG Company, LLC's existing Elba Island LNG Terminal, near Savannah, Georgia. This project will facilitate the exporting of the abundant natural gas resources in the US.
In 2013
Mergers and Acquisitions
To build a leading portfolio of shale assets rich in oil and natural gas liquids, in 2012 Royal Dutch Shell acquired acreage in Texas from
150 N Dairy Ashford Rd A
Houston, TX 77079-1116
Phone: 1 (713) 241-6161
Employer Type: Privately Owned
Investment Director: Bennett Cohen
President: Bruce Culpepper
Manager Government Relations: Cody Sutton
Employees (This Location): 1,000
Employees (All Locations): 8,449
Houston, TX