Shell expands its Gulf of Mexico portfolio with new offshore blocks

Shell continues to build upon a strong position in the Central Gulf of Mexico and is the apparent high bidder on 4 blocks during today’s US Bureau of Ocean Energy Management (BOEM) Lease Sale 231.


Shell bid on a total of 8 blocks and exposed approximately $100,000,000. Shell was the apparent high bidder on 4 blocks, totaling approximately $45,543,721, including a key block that will consolidate Shell’s position in the greater Appomattox/Vicksburg area.

Shell continues exploration of the Norphlet play on the basis of its promising giant Appomattox and adjacent Vicksburg discoveries.

“While the Gulf of Mexico has been explored for many years, there is still much to discover and we are pleased with today’s Lease Sale results,” said Mark Shuster, Shell Executive Vice President Exploration. “The Gulf of Mexico is a major production area in the US, accounting for almost 50% of our oil and gas production in the country. We look forward to building on our long, successful history there.”

 

Press Release, March 20, 2014

 

 

Share this article

Follow Offshore Energy Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Nigeria Oil & Gas Conference & Exhibition 2019

The annual meeting once again proved to be a great success, gathering over 700 industry professionals…

read more >

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply