Kaikias is a high-value opportunity in the deep-water Gulf of Mexico located in close proximity to existing Shell infrastructure in this deep-water Gulf of Mexico heartland. Kaikias builds upon Shell’s exploration and development leadership position in the Mars-Ursa basin.
Near field infrastructure to the Kaikias well presents opportunities for cost efficiencies – potentially reducing the overall development cost. Managing costs and ensuring project competitiveness continues to be a focus for Shell.
In fact, Shell completed the drilling and appraisal of Kaikias ahead of schedule and under budget allowing the company to achieve more than 20% in cost savings. This achievement was reached despite the company drilling the longest well ever drilled by Shell at 34,500 feet measured depth.