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BP plans significant growth in Gulf of Mexico

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The anticipated recovery of deepwater exploration and production has made a good start to 2019 with BP announcing that it has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico.

BP has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.
The Atlantis platform, which is BP's deepest moored floating platform in the Gulf of Mexico.
(The Atlantis platform, which is BP’s deepest moored floating platform in the Gulf of Mexico. Image via BP).

Atlantis field expansion

The $1.3 billion Atlantis Phase 3 expansion will include the construction of a new subsea production system from eight new wells that will be tied into the current platform, 150 miles south of New Orleans. Scheduled to come onstream in 2020, the project is expected to boost production at the platform by an estimated 38,000 barrels of oil equivalent per day gross at its peak. It will also access the eastern area of the field where advanced imaging and reservoir characterisation identified additional oil in place.
Thunder Horse is BP's largest production and drilling platform in the Gulf.
(Thunder Horse is BP’s largest production and drilling platform in the Gulf. Image via BP).

Newly discovered Thunder Horse resources

By using this advanced imaging technology- known as Full Waveform Inversion (FWI)- BP has identified a further 1 billion barrels of oil in place at the Thunder Horse Field.

BP has become something of a leader in seismic acquisition and imaging as a result of the company’s sustained investment in technology and high-performance computing. Following a successful field trial at the Mad Dog field, further advanced seismic imaging with ocean bottom nodes and BP’s proprietary Wolfspar seismic acquisition source is being planned for Thunder Horse and Atlantis to better understand the newly discovered reservoirs. Wolfspar uses ultra-low frequencies during seismic surveys, allowing geophysicists to see deeper below salt layers and enabling better planning of where to drill wells.
One of BP's most prolific producers in the Gulf, the Na Kika platform is a hub for 8 subsea fields.
(One of BP’s most prolific producers in the Gulf, the Na Kika platform is a hub for 8 subsea fields. Image via BP).

Other new discoveries and potential near Na Kika

BP has also announced two oil discoveries in the Gulf of Mexico, at the Manuel and Nearly Headless Nick prospects.

The Manuel discovery is located on Mississippi Canyon block 520, east of the BP-operated Na Kika platform. The well encountered oil pay in high-quality Miocene sandstone reservoirs. BP is expecting to develop these reservoirs via subsea tieback to the Na Kika platform. BP’s partner in the Manuel discovery is Shell, which holds a 50 percent working interest.

BP also has a stake in the nearby Nearly Headless Nick discovery located on Mississippi Canyon block 387, operated by LLOG. The well encountered oil pay in high-quality Miocene sandstone reservoirs and is expected to be tied back to the nearby LLOG-operated Delta House facility. BP’s partners in the Nearly Headless Nick discovery include LLOG, Kosmos Energy Ltd, and Ridgewood Energy. BP holds a 20.25 percent working interest.
Gulf of Mexico asset map.
(Gulf of Mexico asset map. Image via BP).

Growing production in the Gulf of Mexico

Over the last five years, BP’s net production in the Gulf of Mexico has increased by more than 60 percent, rising from less than 200,000 boe/d in 2013 to more than 300,000 boe/d today. BP is currently the top producer in the Gulf and anticipates its production growing to around 400,000 boe/d through the middle of the next decade.

As we’ve said many a time here at EngineeringPro, with growth comes jobs!

Now’s the time to apply for your next oil industry job

With oil majors such as BP planning significant growth and making major discoveries, there’s never been a better time to take the next step in your career. Explore Fircroft’s hundreds of oil industry vacancies across the globe now.
Tags: Oil & Gas
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Dear Matt, I'm Sungwoong, Lee from South Korea. I'm a Welding/NDT inspector with 13 years experience of oil&gas industry. I currently have CWI, API570, ASNT Level III and ISO9712 Level II I have never moved out before the end of my contract. Also, I always accepted requests to extend contracts from the companies and worked with special experts on successful projects. Keep in touch. Sungwoong, Lee Republic of Korea +82 10 9377 7726 Thank you.
Sungwoong,Lee, 13 January 2019
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BP plans significant growth in Gulf of Mexico - Time to read 4 min
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