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Permian Basin output for Royal Dutch Shell reaches 250,000 barrels per day - company

Reuters - UK Focus
Updated

Feb 5 (Reuters) - Royal Dutch Shell's output in the top U.S. shale field reached about 250,000 barrels per day in December, the company's Permian head said on Wednesday.

Shell plans to spend about $3 billion per year for the next five years on shale projects, said Amir Gerges, vice president of Permian assets for Shell, at the Argus Americas Crude Summit in Houston.

(Reporting by Jennifer Hiller in Houston Editing by Chizu Nomiyama)