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April 26, 2019

Shell discovers oil at Blacktip prospect, Gulf of Mexico

Shell Offshore has discovered oil at the Blacktip prospect in the deepwater of the US Gulf of Mexico.

Shell Offshore has discovered oil at the Blacktip prospect in the deepwater of the US Gulf of Mexico.

The discovery is located around 400km south of Houston and 48.28km from the Perdido platform in nearly 1,900m of water.

During the drilling campaign, the Blacktip exploration well encountered more than 122m of net oil pay with good reservoir and fluid characteristics in the Alaminos Canyon Block 380.

Currently, the well is being drilled further to evaluate the potentiality of the discovery. Detailed assessments to delineate the resource and planning development options are also underway.

It is also expected to support the production in the Perdido area, where Shell’s Great White, Silvertip and Tobago fields are located.

“Blacktip is Shell’s second material discovery in the Perdido Corridor and is part of a continuing exploration strategy to add competitive deepwater options to extend our heartlands.”

Royal Dutch Shell Upstream Director Andy Brown said: “Blacktip is Shell’s second material discovery in the Perdido Corridor and is part of a continuing exploration strategy to add competitive deepwater options to extend our heartlands.”

Shell operates Blacktip with 52.375% stake. The remaining interest is owned by Chevron USA (20%), Equinor Gulf of Mexico (19.125%), and Repsol E&P USA (8.5%).

In the last decade, Shell has discovered resources with a combined potentiality of more than one billion barrels in the Gulf of Mexico region. By 2020, the company’s overall global deepwater production from established areas is expected to cross 900,000boe a day.

Commenting on the new find, Equinor North America Exploration senior vice-president Bjørn Inge Braathen said: “We are very pleased with this discovery which confirms the potential in the deepwater Gulf of Mexico and underpins Equinor’s strategy to exploit prolific basins and deepen in core areas.”

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