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Shell to disclose 'big enchilada' in subsalt strike. (Shell Oil Co.'s reported discovery of huge oil and gas deposits underneath large portions of the Gulf of Mexico Shelf)
Shell Oil Co. reportedly has found a "big enchilada" under layers of salt in the Gulf of Mexico.
Energy analysts expect the oil company to report the discovery of a huge oil and gas reservoir beneath the salt formations that lie underneath large portions of the Gulf shelf.
Shell's exploration well - dubbed "Enchilada" - reportedly has tapped into reserves in the equivalent range of 100 million barrels of oil. Enchilada tested at 20 million cubic feet of gas a day and 1,000 barrels of oil, according to a report issued by the New York firm of Rodman & Renshaw Inc.
Mary Dokianos, a spokeswoman for Shell Offshore, acknowledged last week that the discovery had …
