Royal Dutch Shell Plc  .com Rotating Header Image

Forbes / AFX News Limited: Shell finds oil in Gulf of Mexico’s Vicksburg prospect

02.04.08, 10:46 AM ET

LONDON (Thomson Financial) – Royal Dutch Shell PLC said it found oil at the offshore Vicksburg prospect in the eastern part of the Gulf of Mexico.

The well was drilled to a depth of around 25,400 feet and encountered a ‘hydrocarbon column of approximately 300 feet,’ said Shell, the operator of the field with a 57.5 pct stake.

‘The results from Vicksburg are encouraging,’ said Annell Bay, vice president of exploration for Shell in the Americas.

Nexen holds a 25 pct stake in the project, while Plains Exploration & Production Co owns 17.5 pct.

[email protected]

mbe/jfr
http://www.forbes.com/markets/feeds/afx/2008/02/04/afx4610616.html

Copyright Thomson Financial News Limited 2007. All rights reserved.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.