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    oil and gas investing

    Shell Makes Large Deep-Water Discovery in Gulf of Mexico

    Georgia Williams
    May. 28, 2018 10:34AM PST
    Energy Investing

    The Dover discovery marks the sixth for the company in the Norphlet area, and represents more than 800 net feet of pay (244 meters).

    Shell Offshore, announced it has made a large deep-water, exploration discovery in the Norphlet geologic play in the Gulf of Mexico with its wholly-owned Dover well. The Dover discovery marks the sixth for the company in the Norphlet area, and represents more than 800 net feet of pay (244 meters).

    The discovery is located roughly 13 miles from the Appomattox host project and is considered an attractive potential tieback. Shell reports the Appomattox host has now arrived on location in the US Gulf of Mexico and is expected to start production before the end of 2019.

    As quoted from the press release:

    “Dover showcases our expertise in discovering new, commercial resources in a heartland helping deliver our deep-water growth priority,” said Andy Brown, upstream director for Royal Dutch Shell. “By focusing on near-field exploration opportunities in the Norphlet, we are adding to our resource base in a prolific basin that will be anchored by the Appomattox development.”

    Shell’s major, deep-water hubs are well positioned for production expansion through near-field exploration and additional subsea tiebacks. The company expects its global, deep-water production to exceed 900,000 barrels of oil equivalent per day by 2020, from already discovered, established areas.

    Editor’s Notes:

    • The well was drilled in Mississippi Canyon Block 612, located approximately 170 miles (273 kilometers) offshore southeast of New Orleans, in a water depth of 7,500 feet (2,280 meters) to a total vertical drilling depth of 29,000 feet (6,780 meters) measured depth.
    • Appomattox host platform is owned by Shell (79 percent) and Nexen Petroleum Offshore USA Inc. (21 percent).

    Click here to read the full press release

    oil and gas investing
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