Shell Oil Company is an affiliate of the Shell Group, a global group of energy and petrochemical companies, active in more than 130 countries and territories and employing 108,000 people worldwide. In America Shell has operations in 50 states employing more than 22,000 people.
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Overview
Shell in the U.S. - Historical Perspective
Performance
Technological achievements
Our commitment to Sustainable Development
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Shell is one of the leading oil and natural gas producers, oil and natural gas marketers and petrochemical manufacturers in America. We are one of the largest producers in the deepwater Gulf of Mexico and a recognized pioneer in oil and gas exploration and production technology.
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Shell Oil Company grew out of two organizations founded in the United States by the Shell Group in 1912: the American Gasoline Company, a Washington-based marketing company selling gasoline along the Pacific Coast, and Roxana Petroleum Co., a Midwest oil producer. Shell companies in California and the Midwest merged with Union Oil Company in 1922 to form Shell Union Oil Corporation, a holding company. This merger created the publicly held company that eventually became Shell Oil Company in 1949. In 1985, Shell Oil Company became a wholly owned affiliate of the Shell Group.
Learn more about the history of Shell in the US.
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Shell in the U.S. represents a significant percentage of the Group’s assets. As of May 3, 2007, 25 percent of the Group’s worldwide refining intakes (including Shell’s share of Motiva) and 22 percent of refined product sales are in the United States. Seventeen percent of the Group’s crude oil and 13 percent of its gas production is from the U.S. Shell in the U.S. contribution to Group results (as of Q1 07)
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| | Total Group | Shell US | % Shell US |
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| | Q1 | YTD | Q1 | YTD | Q1 | YTD | Operating Segments
Earnings ($B) | 6.932 | 6.932 | 1.314 | 1.314 | 19%* | 19%* | | Capital Expenditures ($B) | 5.435 | 5.435 | 866 | 866 | 16% | 16% | | Barrels of Oil Equivalent | 3,509 | 3,509 | 543 | 543 | 15%** | 15%** |
* (Includes Shell’s share of Motiva) ** (Includes oil sands)
Source: Quarterly data is from the First Quarter 2007 Royal Dutch Shell plc (Group) earnings release that provides USA data in comparison to total Group data. Total Group figures include the Group’s share of Equilon and Motiva interests.
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Technology is essential to meeting the world’s energy needs. For over 100 years Shell has been a key player in innovation and is pushing the limits of what is technically feasible to locate and extract energy resources from increasingly difficult locations. During our early years in the U.S., we achieved several records such as running the country’s first modern, continuous-process refinery as well the nation’s most productive oil field in terms of barrels per acre. The opening in 1931 of the Shell Point synthetic ammonia plant near Pittsburgh, CA, marked the world’s first plant to use natural gas to make ammonia. In 1941, Shell scientists made a history-shaping discovery by inventing a way to synthesize the 100-octane gasoline needed for a new generation of aviation engines used in World War II. Today, we are operating at the forefront of deepwater technology in the Gulf of Mexico and the extraction of tight gas from the Pinedale field in Wyoming.
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The energy challenge facing the world is formidable: deliver much more energy; keep supplies secure; and reduce energy’s environmental and social impacts. Shell believes that operating responsibly in line with society’s expectations is key to meeting this energy challenge and our long-term success. Shell business strategies in the U.S. are rooted firmly in its commitment to contribute to sustainable development. Our commitment to community and social responsibility has been in place for more than 50 years with nearly a half billion in contributions to support community health and welfare, arts and cultural activities and various educational initiatives, including minority education and diversity and inclusiveness programs in Houston and the U.S. We continually look for ways to reduce the environmental impact of our operations, products and services and are working with partners to safeguard the environment. In the U.S., Shell is involved in the protection of the unique ecosystem of coastal Louisiana and has partnered with several local and national groups such as America’s Wetland Campaign working to preserve the state's natural assets.
Discover more in our Community and Environment section
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