The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing RightsShell PLC (SHEL.L) on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.
The company, which operates the platform, said it will add three wells that are expected to produce up to 22,000 barrels of oil equivalent per day (boepd) at peak rates. Perdido has a production capacity of 125,000 boepd at peak rates.
The wells will be drilled in the Great White unit, where Shell is operator with a 33.34% stake, with Chevron Corp (CVX.N) and BP PLC holding 33.33% each.
