Bloomberg News

Shell to Shut Gulf Mars Platform in Second Quarter for Work

April 03, 2012

Royal Dutch Shell Plc (RDSA) will shut the Mars deep-water platform in the U.S. Gulf of Mexico in the second quarter for planned work, according to a company spokeswoman.

Shell, based in the Hague, will perform maintenance on the site, located about 130 miles (209 kilometers) south of New Orleans, and conduct work related to a second platform, the Olympus, that the company is building in the Mars (USCSMARS) field, Emily Oberton, a Houston-based spokeswoman, said in an e-mail.

“This is normal maintenance along with some work in preparation for the Mars B Olympus development,” Oberton said.

Shell says it expects to begin production at Mars B Olympus beginning in 2015, according to a statement posted on the company’s website when the project was announced in 2010. Olympus will be able to process about 100,000 barrels of oil equivalent per day, the statement shows.

The existing Mars platform produces about 190,000 barrels of oil equivalent a day, according to a separate statement on Shell’s website.

Shell has a 71.5 percent working interest in Mars, with London-based BP Plc (BP/) holding the rest, according to the statements.

To contact the reporter on this story: Aaron Clark in New York at aclark27@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net


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