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Vito gets life in the Gulf of Mexico
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Report summary
on 24 April, 2018 Shell made the final investment decision for their Vito project and has the opportunity to set the high bar for stand-along platforms in the Gulf of Mexico. A complete redesign focused on efficiency, unique contracting strategy and great timing at the bottom of the cost curve generate US$3.4 billion remaining NPV 10. Now the challenge lies with project execution and reservoir development.
Table of contents
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Shell sets the bar high with low costs, efficient design and great timing
- The Project
- Project redesign
- Drillings well faster
- Implications for GoM
Tables and charts
This report includes 3 images and tables including:
- Improvements in costs and returns, 2015 view vs. current view
- Shell's GoM production
- Statoil's GoM production
What's included
This report contains:
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