Shell to Boost Production at Perdido's Oil Project

© Troy V Smith / Adobe Stock
© Troy V Smith / Adobe Stock

Shell on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.

The company, which operates the platform, said it will add three wells that are expected to produce up to 22,000 barrels of oil equivalent per day (boepd) at peak rates. Perdido has a production capacity of 125,000 boepd at peak rates.

The wells will be drilled in the Great White unit, where Shell is operator with a 33.34% stake, with Chevron Corp and BP PLC holding 33.33% each.


(Reuters - reporting by Sabrina Valle in Houston, Arunima Kumar in Bengaluru; Editing by Krishna Chandra Eluri and Jonathan Oatis)

Current News

CSL-OWL Joint Venture Orders Two Subsea Rock Installation Vessels for Offshore Wind

CSL-OWL Joint Venture Orders T

Solstad Offshore Nets $60M in New Vessel Contracts

Solstad Offshore Nets $60M in

ExxonMobil, Hess, CNOOC Withdraw from Guyana’s Oil Block Negotiations

ExxonMobil, Hess, CNOOC Withdr

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

Velesto Completes Removal of W

Subscribe for OE Digital E‑News

Offshore Engineer Magazine