Shell Offshore has taken a final investment decision on a waterflood project at the Kaikias field in the Gulf of America to aid in boosting production.
Water will be injected to displace additional oil in the reservoir formation which supplies production to Shell’s Ursa platform in the Mars Corridor.
The method acts as a secondary recovery where the injected water physically sweeps the displaced oil into adjacent production wells, while re-pressurising the reservoir. First injection is penned for 2028 and is anticipated to extend the production lifecycle of Ursa by several years.
Peter Costella, Shell’s Upstream President, said, “Following our decision to increase our stake in Ursa earlier this year, this additional investment continues to maximise the value of the asset. It also contributes to our aim of maximising high-margin production and longevity in a core basin to maintain liquids production.”
