Current RDS.A Stock Info

Shell is projecting estimated peak production of 40 MBOEPD from Kaikias
Shell Offshore, Inc. (ticker: RDS.A) started production early at the first phase of the Kaikias project, a subsea development in the U.S. Gulf of Mexico with estimated peak production of 40,000 BOEPD.

Shell has reduced costs by around 30% at this deep-water project since taking the investment decision in early 2017, lowering the forward-looking, break-even price to less than $30 per barrel of oil.

Kaikias project

Upstream Director Andy Brown said costs were reduce...


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