Shell makes oil discovery at Leopard prospect in Gulf of Mexico

Shell makes oil discovery at Leopard prospect in Gulf of Mexico

13 May 2021

Royal Dutch Shell has said that its subsidiary Shell Offshore has made an oil discovery in the deep-water US Gulf of Mexico (GoM) through the drilling of the Leopard well.

The exploratory well intersected an oil pay of more than 183m at multiple levels. Evaluation is being carried out by the partners of the prospect to define the development options for the Leopard discovery. Shell is partnered by Chevron USA in the deep-water prospect with both the firms having a 50% stake each.

According to Shell, the new discovery provides scope to boost production in the Perdido Corridor, which hosts the company’s producing Great White, Silvertip and Tobago fields. The Leopard well is 32km south of the Blacktip discovery, which was recently appraised, and 53km from the Perdido host, which are both operated by the company.

Shell is set to take a final investment decision this year on the Whale discovery, which is also in the Perdido Corridor. Shell has eight deep-water production hubs and a network of subsea infrastructure in the US Gulf of Mexico.

For more information please visit EICDataStream.

Read more from Industry News
Oil prices climb as uncertainty mounts over fate of Iran sanctions
Read More
ExxonMobil planning to cut US office jobs by up to 10% annually
Read More
Shell and BP announce start-up of Gulf of Mexico development
Read More

Newsletter Sign Up

As a non-member, you can sign up for the EICOnline weekly bulletin free of charge. EIC Online delivers industry news direct to your mailbox. Subscribe here for the EIC’s free weekly newsletter.

First Name
Last Name
Company Name
Work Email
Job Title
Areas of Interest