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Shell Announces Production Increase at Perdido Oil Project

Written by Paulo Nogueira

Published on 12/12/2023 at 21:15

Oil and Gas

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Shell Will Increase Production in the Perdido Oil Project in the Gulf of Mexico, USA, with Investment on Tuesday. Production Capacity Will Be Expanded, Including Participation in the Great White Field.

Shell announced on Thursday that it has approved the production expansion project in the Perdido oil field, located in the Gulf of Mexico, USA, starting in March 2025.

The company, responsible for the platform’s operation, plans to implement five new wells that are expected to reach a daily production of up to 25,000 barrels of oil equivalent (boepd) at maximum capacity. The Perdido has a production capacity of 130,000 boepd at its maximum production rate.

The wells will be drilled in the Silvertip unit, where Shell has a 33.34% stake, while Chevron Corp and BP PLC hold stakes of 33.33% each.

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Shell Increases Investment in Oil Project in the Gulf of Mexico

(Reuters – Report by Sabrina Valle in Houston, Arunima Kumar in Bengaluru; Edited by Krishna Chandra Eluri and Jonathan Oatis)

On this Tuesday, Shell announced a significant increase in its investment in the Great White oil project in the Gulf of Mexico. The company plans to expand its stake in the project, reinforcing its presence in the oil and gas drilling sector in the USA.

The additional investment will enhance Shell’s production capacity in the Gulf of Mexico, allowing the company to increase its oil and gas production in the region. With the project’s expansion, Shell demonstrates its ongoing commitment to strengthening its presence in the international oil and gas market.

Shell has a significant stake in the Great White project, which has been one of the company’s main focuses in the Gulf of Mexico. This decision reflects Shell’s confidence in the growth potential of the oil and gas sector in the region, reinforcing its position as a leader in the international energy market.

Source: AtCoMedia. Inc

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Shell Announces Production Increase at Perdido Oil Project

Shell Will Increase Production in the Perdido Oil Project in the Gulf of Mexico, USA, with Investment on Tuesday. Production Capacity Will Be Expanded, Including Participation in the Great White Field.

Shell Increases Investment in Oil Project in the Gulf of Mexico

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Shell Announces Production Increase at Perdido Oil Project

Shell Will Increase Production in the Perdido Oil Project in the Gulf of Mexico, USA, with Investment on Tuesday. Production Capacity Will Be Expanded, Including Participation in the Great White Field.

Shell Increases Investment in Oil Project in the Gulf of Mexico

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

A giant brown band visible from space, approximately 8,850 kilometers long, connected Africa to America in the Atlantic Ocean, and satellites revealed that it is neither land nor pollution, but the largest accumulation of seaweed in the world, which broke records in 2025.

Brazil filled the Northeast with wind turbines but now faces the side effect of 705 giant blades reaching the end of their lifespan by 2032 just in Rio Grande do Norte, while the world projects 43 million tons of waste by 2050.

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