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Stock impact report

Shell's Subsidiary Starts Production at Dover in Gulf of Mexico [Yahoo! Finance]

Archrock, Inc. (AROC) 
Last archrock, inc. earnings: 2/19 07:16 pm Check Earnings Report
US:NYSE Investor Relations: archrock.com/aroc
Company Research Source: Yahoo! Finance
of America), further strengthening Shell's position as a deepwater oil and gas production leader. The Dover subsea tieback marks the second link to the London, UK-based integrated oil and gas company's Appomattox production hub, strategically boosting output and optimizing the use of existing infrastructure. Discovered in 2018, the Dover field lies in Mississippi Canyon, about 170 miles southeast of New Orleans, LA, submerged under approximately 7,500 feet of water. Shell's 100% working interest (WI) in the Dover development highlights its confidence in the asset's long-term potential and sustained production capabilities. The development comprises up to two production wells routed through a 17.5-mile subsea flowline and riser, directly linking the Dover field to the Appomattox hub, Shell's premier Gulf asset. Shell operates Appomattox with a 79% stake, while INEOS Energy Petroleum Offshore USA Inc. owns the remaining 21%. The Dover tieback is designed to achieve a peak producti Show less Read more
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