Shell makes 3rd discovery in Gulf's deep waters

A Shell logo is displayed at a petrol station on the day Shell announced record profits, on January 31, 2008 in London, England. (Cate Gillon, Getty Images)
A Shell logo is displayed at a petrol station on the day Shell announced record profits, on January 31, 2008 in London, England. (Cate Gillon, Getty Images)
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 7/17 6:19 am

BATON ROUGE, La. (AP) — Shell has made its third major discovery in the Norphlet play in the deep waters of the Gulf of Mexico with the Rydberg exploration well.

The partnership includes Shell, Houston-based Ecopetrol America Inc. and Nexen.

The Rydberg well is located 75 miles offshore in Mississippi Canyon Block 525 in 7,479 feet of water. It was drilled to a total depth of 26,371 feet and encountered more than 400 feet of oil-bearing rock.

Shell expects the resource base to be the equivalent of about 100 million barrels of oil.

The Advocate reports (http://bit.ly/1qg4Adl ) together with the Appomattox and Vicksburg discoveries, the latest discovery brings the total potential Norphlet discoveries to the equivalent of more than 700 million barrels of oil.

___

Information from: The Advocate, http://theadvocate.com

 

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
NEWSCASTS ON DEMAND

What's On

All content © Copyright 2014 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.