Shell boosts crude output in top U.S. shale field to 250,000 bpd
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(Reuters) - Royal Dutch Shell, which plans billions of dollars in spending on shale drilling projects, boosted output in the top U.S. shale field to 250,000 barrels per day in December, the company's Permian Basin head said on Wednesday.Shell plans to spend about $3 billion (2.3 billion pounds) per year for the next five years on shale projects, said Amir Gerges, vice president of Permian assets for Shell, at the Argus Americas Crude Summit in Houston. Its Permian Basin production rose more than..