Shell strengthens Western Gulf of Mexico position through Lease Sale 238 win

Shell says it continues to build on its position in the Perdido fold belt by adding a block in the Western Gulf of Mexico region through the US Bureau of Ocean Energy Management’s Lease Sale 238.

Aug 20th, 2014
From Shell's Perdido platform in the Gulf of Mexico, the company has drilled 11 exploration and appraisal wells.
From Shell's Perdido platform in the Gulf of Mexico, the company has drilled 11 exploration and appraisal wells.

Offshore staff

HOUSTON –Shell says it continues to build on its position in the Perdido fold belt by adding a block in the Western Gulf of Mexico region through the US Bureau of Ocean Energy Management’s (BOEM’s) Lease Sale 238. 

The company won Alaminos Canyon block 902 with a $1.75-million bid.

To date in the Perdido area, the company has drilled 11 exploration and appraisal wells, and is producing from 14 wells in the Tobago, Silvertip, and Great White ultra-deepwater fields.

“We are pleased with today's Lease Sale results, as the blocks we’ve acquired over the last two Western lease sales further Shell’s efforts to grow our heartlands,” said Mark Shuster, Shell executive vice president of exploration. “The Gulf of Mexico is a major production area in the US, accounting for almost 50% of our oil and gas production in the country. We look forward to building on our long, successful history there.”

08/20/2014

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