Operator Shell Offshore Inc. today announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico. Equinor holds a 19.1% working interest in the block.
The Blacktip exploration well has encountered more than 400 feet (122 metres) net oil pay with good reservoir and fluid characteristics in the Alaminos Canyon Block 380, approximately 250 miles (400 kilometres) south of Houston.
“We are very pleased with this discovery which confirms the potential in the deepwater Gulf of Mexico and underpins Equinor’s strategy to exploit prolific basins and deepen in core areas,” says Bjørn Inge Braathen, senior vice president for exploration in North America.
Drilling is still ongoing to deepen the well and further assess the structure’s potential.
Blacktip is operated by Shell (52.375%) and co-owned by Chevron U.S.A. Inc. (20%), Equinor Gulf of Mexico LLC (19.125%), and Repsol E&P USA Inc. (8.5%).