- Royal Dutch Shell (RDS.A, RDS.B) says it has started production from its Olympus platform in the deepwater Gulf of Mexico that could extend production at the Mars field through 2050.
- The Olympus platform eventually will add up to 100K boe/day to production from the Mars field, which averaged 60K boe/day during 2013.
- Shell initially believed 770M boe could be recovered from the Mars field, but the company says it has exceeded that total; with the addition of Olympus, Shell says it could expand production from Mars to 1.1B boe.
Shell starts up Olympus platform in Gulf of Mexico
Feb 4 2014, 09:42 ET