Shell has made a material discovery at the Blacktip North prospect in the deepwater of the U.S. Gulf of Mexico. Oil supermajor Shell has made a material discovery at the Blacktip North prospect in the deepwater of the U.S. Gulf of Mexico. Shell said that the Blacktip North well encountered approximately 300 feet net oil pay at multiple levels. Evaluation is currently ongoing to further define development options. Blacktip North is located in OCS block Alaminos Canyon 336, some 4.5 miles northeast of the recently appraised Blacktip discovery, 25 miles northeast of the recently announced Leopard discovery, 30 miles northeast of the planned Whale host, and 42 miles from the Perdido host. Blacktip North is operated by Shell with an 89.49 percent stake and co-owned by Repsol which holds the remaining 10.51 percent stake. “The Blacktip North prospect is the latest example of discovering new resources in our advantaged […]