Shell Set to Develop Its Latest GOM Discovery
Enough for 50K BPD or about .26% of the US? daily needs. Shell?s Auger Platform ? 170-miles off the coast floating at a water depth of 2,860? above the sea floor. Shell last week said it is readying the development its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico (GoM) with a multi-billion dollar investment. The Cardamom project is expected to produce 50,000 barrels of oil equivalent (boe) per day at peak production and more than 140 million boe over its lifetime.