Shell (operator with 63.11% interest) and Equinor (36.89%) announced FID for the Vito development in April 2018. First oil was achieved in February 2023. (Source: Shell, PR Newswire)
Shell Plc subsidiary Shell Offshore Inc. has taken final investment decision (FID) on a waterflood project at the Vito field in the U.S. Gulf of Mexico, the company announced in a Aug. 14 press release.
The secondary recovery process involves injecting water into the reservoir formation to extract oil and is expected to begin in 2027 for enhanced volume capacity. Water moves displaced oil to adjacent production wells and re-pressurizes the reservoirs, according to the release.
Three water injection wells were drilled as pre-producers for the project.
Shell (operator with 63.11% interest) and Equinor (36.89%) announced FID for the Vito development in April 2018. First oil was achieved in February 2023.
"Over time, we've seen the benefits of waterflood as we look to fill our hubs in the Gulf of Mexico," said Zoë Yujnovich, Shell integrated gas and upstream director.
The Vito waterflood project will grow Vito’s recoverable resource volume by 60 MMboe.
Vito was discovered in July 2009 in more than 4,000 ft of water about 75 miles offshore Louisiana. Its location is 10 miles south of the Shell-operated Mars TLP.
Recommended Reading
EDF Renewables Secures Investment in Solar Energy Storage Project
2024-09-02 - Power Sustainable Energy Infrastructure acquired a 50% stake in EDF Renewables North America’s Desert Quartzite Solar+Storage Project in California.
Global Grid Infrastructure to Double by 2050, DNV Says
2024-06-19 - To meet growing electricity demand, global grid infrastructure is set to double by 2050, according to Oslo-based DNV.
Intersect Power Taps Tesla for Energy Storage Systems
2024-07-18 - Intersect Power is one of the largest buyers and operators of Tesla’s Megapack battery energy storage system.
Report: Global Energy Demand, Emissions Rise
2024-06-21 - Data showed global energy consumption increased 2% to a record 620 exajoules (EJ), driven by increases in coal and oil use.
Algonquin Reaches $2.5B Deal to Sell Non-hydro Renewables Business
2024-08-12 - Algonquin’s transaction with LS Power is expected to close in fourth-quarter 2024 or first-quarter 2025, the company says.
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.