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Shell invests in Sparta Development in Gulf of Mexico

Wednesday, December 20 2023

Fossil Energy – FID

Shell Offshore recently announced the Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects.

Owned by Shell Offshore Inc. (51% operator) and Equinor Gulf of Mexico LLC (49%), Sparta is expected to reach a peak production of approximately 90,000 barrels of oil equivalent per day (boe/d) and currently has an estimated, discovered recoverable resource volume of 244 million boe.

Sparta will be Shell’s 15th deep-water host in the Gulf of Mexico and is currently scheduled to begin production in 2028.

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  2. Collaboration to explore development of carbon sequestration hubs
  3. Shell plans 10 additional wells offshore Namibia
  4. Equinor eyes restart of Statfjord A platform next week

Filed Under: Equinor, FID, International projects, Shell

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