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Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.
Shell's Net Developed Acreage # for the annual that ended in Dec. 2023 was 12,450,000.00 , which lower from pervious year (Dec. 2022)'s result by 0.30%.
The historical rank and industry rank for Shell's Net Developed Acreage # or its related term are showing as below:
The historical data trend for Shell's Net Developed Acreage # can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shell Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Net Developed Acreage # | Get a 7-Day Free Trial | ||||||||||
Net Productive Oil Wells | Get a 7-Day Free Trial | ||||||||||
Gross Developed Acreage # | Get a 7-Day Free Trial | ||||||||||
Net Undeveloped Acreage # | Get a 7-Day Free Trial | ||||||||||
Gross Undeveloped Acreage # | Get a 7-Day Free Trial | ||||||||||
Net Productive Gas Wells | Get a 7-Day Free Trial | ||||||||||
Number of Refineries # | Get a 7-Day Free Trial |
ShellQuarterly Data | |||||||||||||||||||||||
Trend | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | ||||||||||||
Net Developed Acreage # | Get a 7-Day Free Trial |
For the Oil & Gas Integrated subindustry, Shell's Net Developed Acreage #, along with its competitors' market caps and Net Developed Acreage # data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shell (NYSE:SHEL) Net Developed Acreage # Explanation
Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.
Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.
Thank you for viewing the detailed overview of Shell's Net Developed Acreage # provided by GuruFocus.com. Please click on the following links to see related term pages.
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