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SES - Shell hits more than 400 ft of net oil pay at Blacktip - April 2019

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In the US Gulf of Mexico’s Perdido thrust belt, Shell made a discovery at its Blacktip prospect on Alaminos Canyon Block 380. The exploration well encountered more than 400 ft of net oil pay in the Wilcox with good reservoir and fluid characteristics. Drilling is still ongoing as the operator deepens the well to further assess the structure’s potential. Shell operates the Blacktip and holds 52.375% WI, while Chevron holds 20%, Equinor 19.125% and Repsol 8.5%. "Blacktip is Shell's second material discovery......
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