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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 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%.
2024-02-20 - Export demand drives a record fourth quarter as companies including Enterprise Products Partners, MPLX and Williams look to expand in the NGL market.
2024-02-15 - Energy Transfer co-CEO Tom Long said the company is continuing to evaluate deal opportunities following the acquisitions of Lotus and Crestwood Equity Partners in 2023.
2023-12-13 - Howard Energy Partners said they’ve achieved record volumes this year with the company’s current natural gas average throughput of over 2.5 Bcf/d and current average terminalling throughput of over 160,000 bbl/d.
2024-01-04 - Analyst: More deals like Williams’ $1.95 billion acquisition of natural gas storage in Louisiana and Mississippi could be on the horizon as limited capacity becomes a challenge.
2024-01-05 - Trans Mountain is awaiting a regulatory decision on its request for a construction change.