British Shell Invests in Water Injection at the Vito Field in the Gulf of Mexico
Shell, the largest British oil company, announced that its subsidiary Shell Offshore Inc. has made a final investment decision (FID) on the flooding project at the Vito field in the Gulf of Mexico. The cost of the work was not disclosed.
The process of pumping water into the reservoir to displace additional oil is scheduled to begin in 2027 and is expected to increase production at the Vito field by 60 million boe.
The Vito field was discovered in July 2009 at a depth of over 4,000 feet 75 miles south of Venice, Louisiana, 150 miles southeast of New Orleans and 10 miles south of the Mars TLP field, operated by Shell.
Shell (operator 63.11%) and Equinor (36.89%) announced the receipt of a final decision on the development of the Vito field in April 2018, and the first oil was produced in February 2023. Resource estimates are currently classified as 2P and 2C according to the SPE–RCS Resource Classification System.
