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HOUSTON, Jan. 10 (UPI) -- Shell Oil Co. President Marvin Odum said production from the deep-water Perdido hub in the U.S. waters of the Gulf of Mexico was going "extremely well."
Odum said production from the hub passed 115,000 barrels of oil equivalent per day. It has the capacity to handle 130,000 boe per day.
"The project is doing extremely well," he was quoted by the Platts news service as saying during a Houston energy conference. "We have crossed another milestone."
Odum said the facility, about 200 miles off the coast of Texas, is the deepest spar in the Gulf of Mexico.
Perdido is designed for production from the Great White, Silvertip and Tobago fields in the Alaminos Canyon of the Gulf of Mexico. Oil and natural gas fields beneath the platform are estimated by the company to hold 3 billion-15 billion boe.
The company said the spar is "nearly as tall as the Eiffel Tower" and represents "the deepest drilling and production platform in the world."
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| Additional Energy Resources Stories | |
TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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