Shell Flags Plan to Increase Drilling for Shale Gas in China

摘要

As it looks to increase the pace of its operations in China, Royal Dutch Shell plans to increase its drilling expenditure there from 20% to 50% of its upstream capex by 2020. Speaking at a Shell Technology briefing in Amsterdam last week, Bettina Bachmann, Shell's vice president for subsurface and wells software, told journalists that with the increase in unconventional production, more wells will have to be drilled, and as a result more money invested.