Shell Corporation

Shell producing oil from Brazil deep-water project

March 15, 2016

Shell recently said that oil is being produced from its drilling in the third phase of its deep-water project, Parque das Conchas, in Brazil’s Campos Basin. The oil conglomerate expects the project to add about 20,000 barrels of oil per day during peak production. The project is located about 90 miles off the coast of Brazil.