Shell’s Perdido Platform in Gulf Starts Production
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Royal Dutch Shell Plc, Europe’s biggest oil company, said production started at its Gulf of Mexico Perdido oil and natural-gas platform, the deepest drilling facility in the world, enabling the company to expand its Gulf operations.
The company expects the $4.4 billion project to reach full output of more than 100,000 barrels of oil and 200 million cubic feet of natural gas, Marvin Odum, president of U.S. operations for The Hague-based Shell, said today on a conference call. Shell didn’t provide a timeframe for full production. The facility will initially produce oil from the Great White field, and later from the Tobago and Silvertip fields, Odum said.