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| Name | Symbol | Market | Type |
|---|---|---|---|
| Royal Dutch Shell Plc | NYSE:RDS.B | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 51.06 | 0 | 01:00:00 |
From May 2019 to May 2024
By Oliver Griffin
Royal Dutch Shell PLC (RDSB.LN) said on Thursday that its subsidiary, Shell Offshore Inc., has made a large deepwater exploration discovery in the Norphlet geologic play group of oil fields, with its 100% owned Dover well.
The oil-and-gas company said that the Dover discovery is its sixth in the Norphlet play, located in the U.S. Gulf of Mexico, and is located around 13 miles from its Appomattox host platform.
Shell's major deep-water hubs are expected to produce in excess of 900,000 barrels of oil equivalent per day by 2020 from already discovered, established areas, the company said.
Shell said that its Appomattox platform has now arrived on location in the Gulf of Mexico and is expected to start production before the end of 2019.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
May 24, 2018 10:19 ET (14:19 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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