Shell to Close Auger Platform

By Finance

Almost 20 years after setting a record for water-depth drilling and production, Shell’s Auger platform continues to have important role in the company’s deep water Gulf of Mexico.
The production now is 55,000 barrels oil equivalent (boe) per day (Shell share ~30,000 boe per day), and acting in the next years as the host platform for the Cardamom subsea development.

The Cardamom development is ready to show new production from deep waters of the Gulf of Mexico to existing infrastructure.
More than 0.5 mile down, Shell is making a connection off Cardamom wells back to Auger - work that will include retrofitting the platform and a production shut-in at Auger, which should restart in Sept, 2013. Once online next year, Cardamom (100% Shell share) will be able to produce at a peak rate of 50,000 boe per day.

"The Gulf of Mexico remains an important part of Shell’s portfolio and strategy, and it is expected to generate substantial growth over the next several years,” announced John Hollowell, Executive Vice President for Deep Water, Shell Upstream Americas. "Cardamom is a great example of using existing infrastructure to increase oil and gas production in a less capital intensive way."

In its lifetime, the Auger platform has produced more than 300 million boe.