Current RDSA Stock Info

Shell’s Fort Sumter discover in the Gulf of Mexico will help the company reach 900 MBOEPD of offshore production by the end of the decade
Royal Dutch Shell (ticker: RDSA) announced the discovery in the Mississippi Canyon Block 566, 73 miles offshore, southeast of New Orleans in the Gulf of Mexico.

The discovery, called Fort Sumter, has initial estimated recoverable resources of more than 125 MMBOE, according to a company press release. The company’s release indicated that further appraisal and planned wells in adjacent structures “could con...

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