Shell’s Largest GoM Platform Starts Production
Olympus and the original Mars platform is expected to deliver an estimated resource base of 1 billion barrels of oil equivalent (boe). “With two large platforms now producing from the deep-water Mars field, this project demonstrates our deepwater project delivery and leadership,” said John Hollowell, Executive Vice President for Deep Water, Shell Upstream Americas. “We safely completed construction and installation of the Olympus platform more than six months ahead of schedule, allowing us to begin production early from the development’s first well. Olympus is the latest, successful
Shell: First Oil From Phase 2 of Parque das Conchas
vessel, the Argonauta O-North. At its peak, Phase 2 is expected to produce approximately 35,000 boe per day. “Boosting production at BC-10 with the completion of phase two is another great example of our successful project development, delivery and execution capabilities,” said John Hollowell, Executive Vice President for Deep Water, Shell Upstream Americas. “It is a great day for Shell in Brazil.” Building on what was already a successful proving ground for technology innovation, a 4-D Life of Field Seismic monitoring system was installed as part of Phase 2
Shell to Shut in Auger Platform
2013. Once online in 2014, Cardamom (100% Shell share) is expected to produce at a peak rate of 50,000 boe per day. "The Gulf of Mexico remains an important part of Shell’s portfolio and strategy, and it is expected to generate substantial growth over the next several years,” said John Hollowell, Executive Vice President for Deep Water, Shell Upstream Americas. “Cardamom is a great example of using existing infrastructure to increase oil and gas production in a less capital intensive way.” In its lifetime, the Auger platform has produced more than 300 million boe.
February 2024
