Current RDS.A Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Deeper water targets available with new Gulf of Mexico platform
Royal Dutch Shell plc (stock ticker: RDS.A), through its subsidiary Shell Offshore Inc., brought its Appomattox floating production system online Thursday, in what is now the first commercial discovery operational in the Gulf of Mexico Norphlet formation.

The deep-water oil and gas project, which left Ingleside, Texas for its final location 80 miles off the coast of Louisiana in May of 2018, is expected to have an average production of 175,000 BOEPD.

“Appomattox was safely brought online ahead of schedule and far under budget,” said Andy Brown, Upstream Director at Royal Dutch Shell. “[It] creates a long-...


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