Shell Waterflood Project to Add 60M Bbl to Output


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - Shell Offshore Inc said Tuesday (12/16) it has approved 
a waterflood project at its Kaikias field in the U.S. Gulf of Mexico to add 
approximately 60 million bbl to its recoverable resources.

   The process, to be carried out on the Shell-operated Ursa platform within 
the Mars Corridor, involves injecting water to displace additional oil toward 
existing production wells in the reservoir, the company said in a news release.

   The first water injection is scheduled to commence in 2028 and the entire 
recovery effort is expected to extend the Ursa platform's producing life by 
several more years, according to the release.

   The unspecified investment will support Shell's strategy to maximize value 
from existing infrastructure in core deepwater assets and sustaining liquids 
production near 1.4 million bpd through 2030, the release added.




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