A Halt to Groningen Production Could Significantly Impact on Shell’s Remaining Reserves
POSTING ON SHELL BLOG: 17 APRIL 2015
RELATES TO ARTICLE:Shell/Exxon Induced Earthquakes undermine Dutch Gov Revenues
According to figures published on this site, Shell replaced just 26% of the reserves that it produced in 2014. The Groningen field represents a significant fraction of Shell’s remaining reserves. If Groningen production is halted to reduce the risk of earthquakes, the impact on Shell’s remaining reserves will be significant.
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