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The shale industry has mostly focused on incremental improvements to reduce costs. In late 2016, Shell initiated iShale TM to explore a vision for the shale field of the future with several suppliers and partners. This field of the future would increase production while delivering significant decreases in costs and safety risks. Shell started producing tight gas in the early 1950s in south Texas. Today we produce enough natural gas in North America to meet the energy needs of millions of homes. We are also exploring for tight oil and gas in locations in the USA, Canada, and Argentina. Read more about tight and shale gas in the Americas – opens on our US website Permian. Shell is exploring for and producing light tight oil (LTO) in the Permian Basin, which is North America’s premier shale play. Permian is Shell’s core LTO asset with accelerated production in selected areas.

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Underlying(Underlying Name), ChinaAMC CSI 300 Index ETF. Issue date, 08/01/ 2019. Ratio, 100,000 : 1. Product type, Index Certificate. WKN, XM8ZBN.

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