Shell’s Deepwater Dreams Hit Delay in the Gulf

Shell’s Deepwater Dreams Hit Delay in the Gulf

Shell’s plans to juice output from its deepwater Perdido development in the U.S. Gulf of Mexico just ran into a delay-shaped pothole. Two new wells intended to lift production from the Great White unit—one of the stars of the Perdido complex—won’t come online until the end of the year, the company confirmed this week. That’s a shift from the original timeline, which had all three wells humming by April. One of the three did go live in March, but…

DELAYED GRATIFICATION: Shell’s Deepwater Drilling Dreams Take a Dip in the Gulf

Because who needs a planet when you’ve got Perdido? Shell, the world’s favourite carbon maximalist and corporate kleptomaniac of climate sanity, just hit a snag in its tireless quest to extract every last drop of profit from the deepwater depths of the Gulf of Mexico. Two of Shell’s newest wells in the Great White unit—part of its beloved Perdido complex, a sort of offshore altar to fossil-fuel worship—won’t be coughing up crude until the end of…