Shell Offshore, Inc. has announced a major investment into the Mississippi Canyon, located in the U.S. Gulf of Mexico.
The oil-manufacturing company reported its final investment decision for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub on the Mississippi Canyon.
Dover is expected to start production in late 2024 or early 2025 and produce up to 21,000 barrels of oil equivalent per day at peak rates.
“Shell is a pioneer in the Norphlet reservoir with Appomattox, and we are building on our leading position in the reservoir with Dover,” Paul Goodfellow, Shell’s Executive Vice President for Deepwater said. “Last year we took FID on Rydberg, another subsea tieback to Appomattox, and Dover gives us an opportunity to add to our base in this prolific basin.”
The investment at Dover underscores Shell’s long-term commitment to the Gulf of Mexico, where production has among the lowest greenhouse gas intensity in the world for producing oil.
Shell’s Powering Progress strategy to thrive through the energy transition includes increasing investment in lower-carbon energy solutions, while continuing to pursue energy-efficient and high-return upstream investments to supply safe, secure energy supplies.
