Shell adds third major discovery to the Norphlet play in the Gulf of Mexico

in the deep waters of the Gulf of Mexico with the successful Rydberg exploration
well. After more than 10 years of exploration activities in the Eastern Gulf of
Mexico, Shell continues to lead industry in exploring this Jurassic play.
"The Rydberg discovery builds upon our leadership position in the Eastern Gulf
of Mexico and its proximity to our other discoveries in the area make Rydberg
particularly exciting." said Marvin Odum, Shell Upstream Americas Director.
"These successes represent the emergence of another hub for Shell's deep-water
activities that should generate shareholder value."
The Rydberg well is located 75 miles (120 kilometres) offshore in the
Mississippi Canyon Block 525 in 7,479 feet (2,280 metres) of water. It was
drilled to a total depth of 26,371 feet (8,038 metres) and encountered more than
400 feet (122 metres) of net oil pay.
Shell is completing the full evaluation of the well results but expects the
resource base to be approximately 100 million barrels of oil equivalent.
Together with the Appomattox and Vicksburg discoveries, this brings the total
potential Norphlet discoveries to over 700 million barrels of oil equivalent.
This is the first discovery for the partnership of Shell (operator, interest
57.2%), Ecopetrol America Inc. (28.5%) and Nexen (14.3%), a wholly-owned
affiliate of CNOOC Ltd.. The discovery is within 10 miles (16 kilometres) of
the planned Appomattox development and the 2013 Vicksburg discovery (Shell,
operator, 75% and Nexen, 25%).
Shell and Nexen are following up the Rydberg discovery with an exploratory well
at Gettysburg, located in Desoto Canyon Block 398 which is also within 10 miles
(16 kilometres) of the planned Appomattox Development.
# # #
Editors Notes:
* The Jurassic-period Norphlet play is a geological formation that extends
from onshore to the deep waters of the Eastern Gulf of Mexico.
* Appomattox (Shell 80%, Nexen 20%) is currently in the define phase of
development and is moving forward with engineering design for the floating
production system, subsea infrastructure and wells.
* The drillship Noble Globetrotter I drilled the Rydberg well and is currently
repositioning to drill the Gettysburg exploratory well.
* The Gulf of Mexico is a major production area in the USA, accounting for
almost 50% of Shell's oil and gas production in the country and almost 180
thousand boe per day in 2013.
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Shell and the Norphlet Play Fact Sheet:
http://hugin.info/159065/R/1825713/632421.pdf
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