Shell invests in Kaikias waterflood to unlock production in Gulf of Mexico
Water will be injected to displace additional oil in the reservoir formation which supplies production to Shell’s Ursa platform in the Mars Corridor.
Water will be injected to displace additional oil in the reservoir formation which supplies production to Shell’s Ursa platform in the Mars Corridor.
The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years.