Shell find adds to US Gulf deep-water stash
Any doubts that the US Gulf of Mexico might be fading as a premier exploration frontier have been put to rest after Shell's 100 million barrel deep-water Vicksburg discovery
The well, 75 miles offshore in Mississippi Canyon Block 393, was drilled to a total depth of 26,385 feet in 7,446 feet of water. It encountered more than 500 feet of net oil pay in the sub-salt Jurassic formations.Any doubts that the US Gulf of Mexico might be fading as a premier exploration frontier have been put to rest after 100 million barrel deep-water Vicksburg discovery. The well, 75 miles offshore in Mississippi Canyon Block 393, was drilled to a total depth of 26,385 feet in 7,446 feet of water. It encountered more than 500 feet of net oil pay in the sub-salt Jurassic formations. Shell is the operator of the well, with a 75% interest, while Nexen, which was recently acquired by stat
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