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Posts on ‘July 12th, 2004’

Shell starts gas production from deepwater Coulomb development in Gulf of Mexico

Oil & Gas Journal: Shell starts gas production from deepwater Coulomb development in Gulf of Mexico

By OGJ editors

HOUSTON, July 12 — Shell Exploration & Production Co. June 23 began producing natural gas from its Coulomb development on Mississippi Canyon blocks 657 and 613 in the deepwater Gulf of Mexico. The project comprises the two deepest wells in the world in terms of water depth, the company reported.

The Coulomb wells are tied back via a 27 mile flowline to the BP PLC-Shell Na Kika floating development system on MC Block 474. The Coulomb C-2 well is currently producing about 65 MMcfd of gas. Combined, both the C-2 and C-3 wells are capable of producing about 100 MMcfd of gas, Shell said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Earnings Will Soar, but Markets May Not Get a Lift off

The Wall Street Journal: Earnings Will Soar, but Markets May Not Get a Lift off

“Undeterred by the recent serious oil-reserve reductions and the management turmoil, he likes Royal Dutch Shell”

INTERNATIONAL TRADER – EUROPE

By VITO J. RACANELLI

12 July 2004

WITH THE 2004 HALFWAY POINT solidly behind us, it’s time to review the accuracy of the prophesying done in these pages at year-end 2003. It’s a good excuse, too, to dust off the crystal ball again and patch up those predictions that now look a bit ragged.

Back in December, our fearless forecasters suggested European stock prices would rise 15% this year; that corporate profits would increase by the same amount; and that Europe’s gross domestic product would expand 1.5% to 2%. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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