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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: drsvelte who wrote (42994)	4/22/1999 1:07:00 PM
From: Mike from La.	Read Replies (3) \| Respond to of 95453

Shell Announces 'Oregano' - New Gulf of Mexico Deep Water Discovery in the Auger Basin HOUSTON, April 22 /PRNewswire/ -- Shell Exploration & Production Company (SEPCo) announced its third oil and gas discovery in the deep water Auger Basin of the Gulf of Mexico. The Oregano Prospect, located at Garden Banks Block 559 in a water depth of 3,393 feet, was drilled to a measured depth of 19,500 feet and encountered commercial quantities of hydrocarbons. Shell owns 100% of the Oregano Prospect, which is located approximately eight miles south of its Auger tension leg platform and four miles northeast of the Shell Macaroni subsea development. This was the first well drilled at Oregano. Additional Shell discoveries in the area include Cardamom, Serrano and Habanero. Shell is the leading leaseholder and oil and gas producer in the deep water Gulf of Mexico. Shell recently announced plans to develop Brutus, its fifth tension leg platform in the Gulf, and is scheduled to bring two subsea developments -- Macaroni and Angus -- on production this year. Deep water development goes on. Mike