BP has introduced that it has began oil manufacturing on the Argos offshore platform within the Gulf of Mexico.
In an announcement posted on its web site, the corporate famous that the transfer delivers “more energy at a critical time” and strengthens BP’s place “as a leading producer in the deepwater U.S. Gulf of Mexico”.
BP highlighted within the assertion that Argos is the corporate’s fifth platform within the Gulf of Mexico and its first new operated manufacturing facility within the area since 2008. Argos has a gross manufacturing capability of as much as 140,000 barrels of oil per day and can enhance BP’s gross operated manufacturing capability within the Gulf of Mexico by an estimated 20 p.c, in response to the corporate, which mentioned it expects to “safely and systematically ramp up production from Argos through 2023”.
In the assertion, BP described Argos as its most digitally superior platform working within the Gulf of Mexico and because the “centerpiece” of its Mad Dog Phase 2 challenge, which it famous extends the lifetime of the “super-giant” oil subject found in 1998. Argos operates in 4,500 ft of water about 190 miles south of New Orleans and can assist 250 everlasting jobs, in response to BP.
“The start-up of Argos is a fantastic achievement that helps deliver our integrated energy strategy – investing in today’s energy system and, at the same time, investing in the energy transition,” BP Chief Executive Bernard Looney mentioned in an organization assertion.
“As BP’s most digital facility worldwide, applying our latest technologies, Argos will strengthen our key position in the Gulf of Mexico for years to come,” he added.
Starlee Sykes, BP’s Senior Vice President of Gulf of Mexico and Canada, mentioned, “safely starting up the Argos platform is an incredible milestone for BP and a proud moment for our team who delivered the project with an impeccable safety record”.
“Producing some of BP’s highest value, lowest operational emissions barrels, our Gulf of Mexico business has an important role to play in delivering the energy the world needs. I am grateful to everyone who worked on Argos over the years – from discovery to start-up,” Sykes added.
David Lawler, the Chairman and President of BP America mentioned Argos demonstrates BP’s continued dedication to investing within the U.S.
“We’re one of the largest energy producers in the country and are adding more resilient hydrocarbons at a critical moment,” he said.
Also commenting on Argos, Ewan Drummond, the corporate’s Senior Vice President of Projects, Production and Operations, mentioned, “projects like Argos don’t just happen”.
“They take years of careful planning, execution excellence, and brilliant teamwork. Argos is key to our strategy of increasing our Gulf of Mexico production to around 400,000 barrels of oil equivalent per day by the middle of this decade,” he added.
BP’s Mad Dog asset companion, Woodside, confirmed the start-up of the Mad Dog Phase 2 challenge in an announcement posted on its web site, describing the event as a “significant addition” to Woodside’s Gulf of Mexico place.
In the assertion, Woodside CEO Meg O’Neill mentioned manufacturing start-up from Mad Dog Phase 2 demonstrates the continuing worth being delivered by Woodside’s merger with BHP’s petroleum business in 2022.
“Mad Dog is one of several low-cost producing assets for Woodside in the region with significant expansion potential and in close proximity to infrastructure and attractive markets,” O’Neill famous in an organization assertion.
“This makes the Gulf of Mexico a core component of Woodside’s global portfolio and a key part of our strategy to thrive through the energy transition,” O’Neill added.
BP is the operator of Mad Dog with a 60.5 p.c working curiosity. Its companions within the asset embody Woodside Energy, which has a 23.9 p.c stake and Union Oil Company of California, which is an affiliate of Chevron U.S.A. Inc and has a 15.6 p.c curiosity.
BP Production Start-Ups
The final manufacturing start-up introduced on BP’s web site got here on November 29, 2022, when BP Trinidad and Tobago LLC (bpTT) confirmed its Cassia C improvement had delivered first gasoline.
Cassia C is bpTT’s first offshore compression platform and its greatest offshore facility, an announcement posted on BP’s web site on the time famous, including that the asset will allow bpTT to entry and produce low stress gasoline sources from the Greater Cassia Area.
The platform is bpTT’s sixteenth offshore facility and is linked to the prevailing Cassia hub, which lies roughly 35 miles off Trinidad’s southeast coast, BP highlighted within the assertion. Cassia C is anticipated to supply, at peak, about 200-300 million normal cubic ft a day of gasoline, in response to BP.
“First gas from Cassia C is an important milestone for BP in Trinidad and Tobago,” bpTT President David Campbell mentioned in an organization assertion on the time.
“This first offshore compression facility will allow us to unlock new resources and bring much-needed gas to market. I am immensely proud of the teams which have been working hard to bring this facility online,” he added.
Commenting on this start up in November final yr, Drummond mentioned, “I am proud of our achievement to deliver this project while keeping our people safe throughout a global pandemic”.
“Cassia C is a great example of BP’s resilient hydrocarbons strategy in action – providing the energy the world needs now and helping us invest in the energy transition. I would like to thank our team for their commitment in the safe execution of this project,” he added.
Back in February 2022, BP introduced the start-up of the Herschel Expansion challenge within the Gulf of Mexico.
In an organization assertion on the time, this improvement was described as a part of BP’s technique to spend money on targeted and resilient hydrocarbons. Phase 1 of the Herschel Expansion challenge contains the event of a brand new subsea manufacturing system and the primary of as much as three wells tied to the Na Kika platform, BP famous within the assertion. At its peak, this primary properly is anticipated to extend platform annual gross manufacturing by an estimated 10,600 barrels of oil equal a day, in response to BP.
“BP continues to grow its position in the Gulf of Mexico by bringing online high-quality projects,” Sykes mentioned in an organization assertion again in February 2022.
“Like other recent start-ups in the Gulf of Mexico, with Herschel we are tying into existing infrastructure to produce some of the most efficient barrels in the world. Focusing our hydrocarbons business on the highest quality resources such as these sits at the heart of BP’s strategy,” Sykes added.
Commenting on the Herschel start up, Drummond mentioned in an announcement on the time, “Herschel is a great example of the type of fast-payback, high-return tie-back opportunities we continue to deliver as we focus and high-grade our hydrocarbons portfolio”.
“I would like to thank the team for their commitment in the safe and early execution of this project,” he added.
To contact the writer, e-mail [email protected]
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