HOUSTON, Oct. 28, 2026 /PRNewswire/ — Shell Offshore Inc., a subsidiary of Shell plc (Shell), today announced the start of production at Phase 3 of the Silvertip project which will deliver two wells to boost production at the Shell-operated Perdido spar in the Gulf of America (GoA). These wells, located in the Silvertip Frio reservoir (Shell – 40%, operator; Chevron U.S.A. 60%), are expected to collectively produce up to 6,000 barrels of oil equivalent per day (boe/d) at peak rates.
Shell Oil Company Logo. (PRNewsFoto/Shell Oil Company)
“By adding new production through existing Perdido infrastructure, we can safely deliver more value and optimize the life of a world-class asset,” said Colette Hirstius, Shell’s Executive Vice President for GoA and Shell USA President. “This is further proof of how we are making the most out of our assets in the GoA, helping to provide secure energy from one of the most competitive deep-water basins in the world.”
Shell is the largest producing leaseholder in the GoA, where our production has among the lowest greenhouse gas intensity in the world for producing oil.
Notes to editors
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Perdido is a production spar in the US GoA, located offshore within Alaminos Canyon, approximately 200 miles south of Galveston, Texas, in about 8,000 feet of water.
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Shell is operator of the Perdido Regional Host (PRH) and has 35% Working Interest (WI), with Chevron U.S.A. Inc. holding 37.5% WI, 3C Perdido Holdings 26.5% and BP 1% WI.
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The development concept for Phase 3 Silvertip includes two wells, tied into existing subsea infrastructure.
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The reference to our U.S. GoA production having among the lowest GHG intensity in the world is a comparison among other IOGP oil-and gas-producing members.
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Current estimated recoverable resource volumes of Phase 3 Silvertip are 17 million boe. The estimate of resource volumes is currently classified as 2P under the Society of Petroleum Engineers’ Resource Classification System.
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The estimated peak production and current estimated recoverable resources presented above are 100% total gross figures.
Enquiries
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