3 May 2024
Shell dives deep and cheap in the Gulf of Mexico
Publication date: 01 March 2017
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Anglo-Dutch major Shell has underscored its commitment to deepwater development by firing the pistol on the Kaikias oil and gas field in the US Gulf of Mexico.
The “near-field opportunity” located 210 km off the coast of Louisiana will be capable of producing below USD 40/barrel, Shell said.