LLOG Exploration Offshore LLC has signed a subsea tree order with TechnipFMC Plc on Oct. 15 for its Shenandoah project in deepwater of the Gulf of Mexico (GOM). This order is the first material equipment order for the Shenandoah project and the first of its kind for subsea trees designed for pressures up to 20,000 pounds per square inch (PSI).
“LLOG is excited about signing this subsea tree order which is a first in the industry and a significant milestone towards the development of our Shenandoah project,” Rick Fowler, LLOG COO, said. “LLOG is pleased to expand our strategic alliance with TechnipFMC who has provided all of LLOG’s subsea equipment for more than a decade.”
LLOG operates the Shenandoah discovery, located in the unit comprised of Walker Ridge blocks 51, 52, and 53 in the deepwater GOM, approximately 200 miles south of New Orleans, on behalf of the Shenandoah partners Venari Offshore LLC, Navitas Petroleum and Beacon Offshore Energy. The leases are currently held under a Suspension of Production and will be developed using a new FPSO.
The partnership will drill multiple wells to develop the estimated 100 to 400 million barrels targeting previously discovered oil-bearing Upper and Lower Wilcox-reservoirs. The oil and rock qualities for the Shenandoah development are both best-in-class for the emerging Wilcox production trend.
Recommended Reading
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
2024-04-25 - The final phase of Chevron’s project will produce about 260,000 bbl/d.
Rhino Taps Halliburton for Namibia Well Work
2024-04-24 - Halliburton’s deepwater integrated multi-well construction contract for a block in the Orange Basin starts later this year.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.