Shell Boosts Production in Gulf of Mexico
Formerly with Shell Oil and Royal Dutch Shell, David Lawrence now heads the Lawrence Energy Group, serves on the Board of Stone Energy Corporation and is Chairman of the Advisory Board for the Yale Climate and Energy Institute. David Lawrence’s responsibilities with Shell included new business development, acquisitions and divestments, LNG, Wind and Exploration, including important discoveries in the Gulf of Mexico such West Boreas and South Deimos in the Mars Basin.
In February 2014, Shell began production from its Mars B Olympus platform in the Gulf of Mexico. The facility is located some 130 miles southeast of New Orleans. The Deepwater platform stands rises some 3,250 feet above the sea floor. Its 15,000-ton structure, which houses 106 people, is built to withstand winds of up to 141 mph and waves of 71 feet. In addition to the Olympus drilling and production platform, the Shell Mars B development includes subsea wells at West Boreas and South Deimos fields, export pipelines, and a shallow-water platform, located at West Delta 143, near the Louisiana coast.
Combined production from Olympus and Shell’s original Mars platform is expected to deliver an estimated resource base of 1 billion barrels of oil equivalent (boe). Olympus is a tension leg platform (TLP) featuring 24 well slots, a self-containing drilling rig, and capability for subsea tie-backs.
When it began operations, Shell assumed the Mars field would produce 700 million boe (barrels of oil equivalent in gas or petroleum.) It has exceeded that estimate to reach 850 million boe. With production at that level, the rig is expected to extend the productive life of the Mars basin to 2050 or beyond.