Shell discovers potentially recoverable resources of over 100m barrels of oil equivalent in the Gulf of Mexico

Royal Dutch Shell has announced a successful exploratory well at Vicksbury in the deepwater Gulf of Mexico. The well is located 75 miles offshore in the De Soto Canyon Block 393 in 7,446 feet of water.

Drilling to a total depth of 26,385 feet, more than 500 feet of net oil pay was encountered. It is estimated that there are potentially recoverable resources of over 100m barrels of oil equivalent (boe), adding to the more than 500m boe of potentially recoverable resources that have already been discovered and appraised at the nearby Appomattox discovery.