SHERIDAN, WYOMING – May 14, 2025 – Shell is strengthening its position as a key energy provider in the Gulf of America with the completion of its acquisition of a larger stake in the Ursa platform. This move not only reinforces Shell’s strategic focus on stable, long-term energy solutions, but also promises more efficient energy delivery that consumers rely on every day.
By increasing its working interest in the Ursa tension-leg platform from 45.3884% to 61.3484%, Shell is doubling down on a highly productive deep-water asset. For everyday consumers, this translates to greater reliability in oil and gas supply and a continued commitment to energy production that balances profitability and environmental responsibility.
What This Means for Energy Consumers
Shell’s expanded role in the Ursa platform isn’t just a win for the company—it’s a positive development for consumers who value stable energy prices, dependable fuel access, and forward-thinking energy solutions. Here’s how the move benefits everyday energy users:
- Strengthened supply security: More control over production helps Shell deliver energy consistently, reducing market volatility.
- Smart investment in existing infrastructure: Rather than build from scratch, Shell’s focus on already-productive assets means faster, more efficient output.
- Sustainable strategies: The acquisition aligns with Shell’s aim to invest in “profitable and carbon-competitive oil and gas projects,” helping consumers feel confident that environmental concerns are part of the plan.
Details of the Acquisition
Shell’s acquisition includes several key elements beyond the platform itself. This broader strategy enhances the efficiency and integration of Shell’s operations in the Gulf:
- A 61.3484% working interest in the Ursa platform, where Shell continues as the operator.
- 11.81% membership interest in the Shell-operated Ursa Oil Pipeline Company LLC, increasing Shell Pipeline Company’s ownership in the pipeline to 57.20%.
- A 1% working interest in the Europa prospect, also operated by Shell.
- A 3.5% overriding royalty interest (ORRI) in Ursa, boosting returns from the asset’s production.
As Shell put it, “deepening interest in existing assets also contributes to maintaining stable liquids production from its advantaged Upstream business.”
Why the Gulf of America Matters
The Gulf of America is more than a region of oil rigs—it’s a cornerstone of the U.S. energy supply. Shell’s expanded stake in the Ursa platform solidifies its role as the leading deep-water operator and largest oil and gas producer in the Gulf, focusing on assets that are close to existing infrastructure in highly productive zones.
For consumers, that means:
- Better cost efficiency in energy production
- Improved responsiveness to market needs
- Continued innovation in deep-water operations
Shell’s presence in the Gulf supports both current energy demands and future-ready development.
When and Where the Benefits Begin
The acquisition is already finalized as of May 1, 2025, and all enhancements to Shell’s working interests are now active. Consumers and partners across the U.S. can expect the benefits of this move—stabilized production, improved efficiency, and sustained energy delivery—to unfold throughout the year.
A Confident Step Toward the Future
Shell’s latest move in the Gulf of America is more than just a numbers game—it’s a reaffirmation of their commitment to keeping energy flowing to households and businesses in a way that is smart, stable, and increasingly sustainable.
Learn more at www.shell.com