Shell has approved a campaign that will see three wells in the Great White unit produce to the Perdido spar in the Alaminos Canyon area of the deepwater Gulf of Mexico. (Source: Shell)
Shell announced Dec. 12 it had approved a phased campaign that would deliver production from three Great White wells to the Perdido spar.
In announcing the final investment decision (FID), Shell said the wells are expected to produce up to 22,000 boe/d at peak rates following April 2025 completion of the campaign, Shell said.
“By expanding our Perdido development, we continue to unlock the greatest value from this exceptional resource,” Rich Howe, Shell’s executive vice president for deep water, said in a press release.
The Perdido spar, in 8,000 ft water depth, has been onstream since 2010. Its production capacity is 125,000 boe/d at peak rates.
Shell operates the Great White unit with 33.34% interest on behalf of partners Chevron U.S.A. Inc. and BP Exploration & Production Inc., each with 33.33% interest.
Shell operates the Perdido spar with 35% interest on behalf of partners, with Chevron with 37.5%, 3C Perdido Holdings LLC holding with 26.5% and BP with 1%.
Recommended Reading
Delek Logistics Acquires EIV’s H2O Midstream for $230MM
2024-08-06 - Delek Logistics acquired H2O Midstream, a portfolio company of EIV Capital and the largest pure-play water midstream company in the Permian Basin, with more than 250 miles of pipe.
Emera to Sell New Mexico Natural Gas Co. to Bernhard for $750MM
2024-08-06 - Bernhard Capital Partners, which recently purchased CenterPoint Energy assets, will buy utility New Mexico Gas Co. from Emera for $1.25 billion, including debt.
EQT Closes $5.45B Acquisition of Equitrans Midstream
2024-07-22 - In addition to integrating Equistrans’ midstream assets, EQT will focus on reducing the infrastructure company’s debt of between $7.6 billion and $8 billion. Including equity and debt, the deal is valued at roughly $13 billion.
Kinetik Closes Acquisition of Durango’s New Mexico Delaware G&P Assets
2024-06-25 - Kinetik Holdings closed a $765 million acquisition of Durango Permian LLC, deepening Kinetik’s footprint of gas gathering and processing assets in the Delaware Basin.
Aethon Closes $260MM Deal for Tellurian’s Gas, Midstream Assets
2024-07-01 - The deal grows Aethon Energy’s Haynesville Shale footprint as Tellurian Inc. transitions into a pure-play LNG company.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.