New drilling campaign in the Gulf of Mexico
Shell Offshore Inc., a subsidiary of energy giant Shell, has approved a three-well phased program aimed at boosting production at a project in the U.S. Gulf of Mexico.
With this final investment decision (FID), Shell will begin a phased campaign to deploy three wells designed to increase production on its Perdido floating platform , located approximately 200 miles south of Galveston, Texas, and submerged about 8,000 feet below sea level. depth.
These wells, once the campaign is completed in April 2025 , are projected to generate up to 22,000 barrels of oil equivalent per day (boe/d) at maximum rates. Perdido, which began production in 2010, has a production capacity of 125 kboe/d at maximum rates.
It should be noted that well drilling will be carried out in the Great White field, where Shell Offshore acts as the main operator with a 33.34% stake. Chevron holds a 33.33% stake, while BP Exploration & Production Inc. owns the remaining 33.33% of the assets. This investment reinforces Shell’s long-term commitment to the US Gulf of Mexico, recognized as having one of the lowest greenhouse gas (GHG) intensities in oil production globally.
Rich Howe, executive vice president of deepwater at Shell, highlighted: “Shell is the leading operator in the US Gulf of Mexico and we continue to find ways to take advantage of that position. By expanding our Perdido development, we continue to realize the greatest value from this exceptional resource”.
More details on Shell’s involvement
Shell Offshore operates Perdido Regional Host with a 35% stake in Perdido, in collaboration with Chevron USA Inc. (37.5%), 3C Perdido Holdings LLC (26.5%) and BP Exploration & Production (1%). The Perdido deepwater development includes a spar platform that serves as a production hub for the Great White, Silvertip and Tobago fields.
Recently, the company acquired the remaining interest in a deepwater field in the Gulf of Mexico, thus consolidating its total interest in this asset to 100%. This field has been developed as a subsea connection to the nearby Ursa production center.
Another oil project in the Gulf of Mexico moved toward first production with the transport of Shell’s new floating production unit (FPU), carried by Boskalis’ largest semi-submersible vessel. The 25,000-tonne FPU is scheduled to begin operations next year, with the vessel arriving in Ingleside, United States, in November 2023.
Don’t miss any of our posts and follow us on social media!