British oil and gas company Shell Plc revised its second quarter outlook on Thursday.
The company expects production in integrated gas to be in the range of 940 thousand barrels of oil equivalent per day (kboe/d)-980 kboe/d for the second quarter.
Trading and optimization results are expected to be in line with the second quarter of 2023, but lower compared to the first-quarter of 2024 due to seasonality.
Quarterly production in upstream is expected to be in the range of 1,720 kboe/d-1,820 kboe/d.In Marketing, the company expects quarterly sales volumes to be in the range of 2,700 kb/d-3,100 kb/d.