High-value oil find for Shell in Gulf of Mexico
Houston (UPI) Nov 19, 2015 - Shell said it confirmed what it considers a high-value and significant discovery of oil in the deep U.S. waters of the Gulf of Mexico. "Kaikias is a high-value opportunity in the deep-water Gulf of Mexico, development potential could exceed 100 million barrels of oil equivalent recoverable," the company declared. U.S. and international reports indicate inland shale oil basins wil ... more
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