CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Shell starts production at Silvertip Phase 3 in Gulf of America

By Public Technologies
  • Shell started production today at Phase 3 of its Silvertip project in the Gulf of America.
  • Two wells tied into existing Perdido infrastructure are expected to produce up to 6,000 barrels of oil equivalent daily at peak.
  • Estimated recoverable resources total 17 million barrels of oil equivalent on a gross basis.
  • The Silvertip Frio reservoir is operated by Shell with a 40% stake; Chevron holds 60%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shell plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610280900PR_NEWS_USPR_____DA71296) on October 28, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk