BP has commenced oil and gas production from its Thunder Horse South Expansion Phase 2 project on Mississippi Canyon block 822 in the Gulf of Mexico.
Located 241km southeast of New Orleans, Thunder Horse is one of the largest oil fields in the Gulf of Mexico and BP's largest production and drilling platform in the region.
The platform was discovered in 1999 and is designed to process up to 250,000 barrels of oil and 200MMcf/d of natural gas. BP owns a 75% stake in Thunder Horse, while the remaining stake of 25% is held by ExxonMobil.
The phase 2 project is expected to increase the annual average gross output from the field to 25,000 boe/d from the initial two well tie-back. The overall development of the project includes drilling a total of eight wells.
The launch of the Thunder Horse South Expansion Phase 2 project is part of BP’s efforts to increase its Gulf of Mexico oil and gas production to approximately 400,000 boe/d net by the mid-2020s.
The expansion project completes the plan of the company to launch five major projects in 2021.
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