Inside these posts: Deep-water wells

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U.S. approves 3 deepwater wells in Gulf of Mexico

U.S. regulators Monday approved a Royal Dutch Shell PLC plan to drill three exploratory wells in the Gulf of Mexico.

The Interior Department’s green light for the wells in Shell’s Auger field marks the first time U.S. regulators have approved a new deepwater well in the Gulf since the Deepwater Horizon explosion last April and subsequent oil spill.