Shell Makes Large Deepwater Discovery in Gulf of Mexico
May 24 2018 - 10:34AM
Dow Jones News
By Oliver Griffin
Royal Dutch Shell PLC (RDSB.LN) said on Thursday that its
subsidiary, Shell Offshore Inc., has made a large deepwater
exploration discovery in the Norphlet geologic play group of oil
fields, with its 100% owned Dover well.
The oil-and-gas company said that the Dover discovery is its
sixth in the Norphlet play, located in the U.S. Gulf of Mexico, and
is located around 13 miles from its Appomattox host platform.
Shell's major deep-water hubs are expected to produce in excess
of 900,000 barrels of oil equivalent per day by 2020 from already
discovered, established areas, the company said.
Shell said that its Appomattox platform has now arrived on
location in the Gulf of Mexico and is expected to start production
before the end of 2019.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
May 24, 2018 10:19 ET (14:19 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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