Shell plans to add a small amount of North American oil and gas business

In an interview with a media reporter recently, Marvin Odham, head of America’s exploration and production operations at Royal Dutch Shell , said that although Shell has excluded large acquisitions after its acquisition of the BG Group deal, Shell will consider a small increase in North America’s Oil and gas business.

Shell Company once said that after the announcement of this $70 billion deal on April 18, 2015, its cash reserves have been very limited. Shell's acquisition of BG Group is the world's first large-scale energy industry merger and acquisition in the past ten years. It will strengthen Shell's global presence and increase Shell's oil and gas reserves by 20%.

However, the London-based international oil company will consider smaller-scale mergers and acquisitions in its North American basin, including the Permian Basin in Texas and New Mexico, in Abbas. The Utica Basin in the Rachiya region and the Western Canada Basin.

Shell's North American oil and gas business accounts for 15% of its global oil and gas production.

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