From a Shell Insider
Nice hoax on the Pectina Devastatis!
But do not forget it was true then and it still is true today! And history always repeats itself, also in Shell.
Remember the heady days in the early 2000s when Reservoir Engineers were deemed to be a bunch of overly conservative intellectuals and evil Watts and his bully boys were going to sort them out and teach them what ‘real’ business meant. The process of rewarding promise and penalising realism was implemented with great vigour. We all know what happened next. Watts fired in disgrace but with a handsome pension. Huge fines by the SEC etc. One would hope we had learned from this. But not so. Of late bad man Bichsel is sending out his hit squads to all operating units to sort out those same stupid Petroleum Engineers who are not increasing the reserves quick enough.