Deepwater Gulf of Mexico
BP and our heritage companies have been at work in the Gulf of Mexico since the 1950s, and we have been exploring in the deepwater Gulf of Mexico (depths greater than 1,200 feet) for more than a quarter century.
BP is the largest investor in the Gulf of Mexico over the last ten years. In addition, BP is the leading acreage holder in the deepwater Gulf, with ownership in more than 650 leases, which provide substantial opportunity for growth.
A Deep Commitment
BP is committed to the deepwater US Gulf of Mexico, where it currently has a multi-billion investment program underway.
- BP operates four large production platforms in the region — Thunder Horse, Atlantis, Mad Dog and Na Kika. BP holds interest in three non-operated hubs — Mars, Ursa and Great White.
- Operating in more than 7,000 feet of water and located approximately 150 miles south of New Orleans, Atlantis’ production capacity is approximately 200,000 barrels of oil and 180 million cubic feet of gas per day.
- Located 150 miles southeast of New Orleans and in 6,050 feet of water, Thunder Horse is designed to process up to 250,000 barrels of oil and 200 million cubic feet of natural gas per day.
- Located in 4,500 feet of water some 190 miles south of New Orleans, Mad Dog has the capacity to produce up to 80,000 barrels of oil and 60 million cubic feet of natural gas per day.
- Servicing multiple fields, Na Kika is located 140 miles southeast of New Orleans in 6,340 feet of water. It is designed to process up to 130,000 barrels of oil and 550 million cubic feet of natural gas per day.
BP employs more than 2,300 people in the Gulf of Mexico business and supports tens of thousands of additional jobs in the region.
BP’s world-class scientists, engineers and R&D capabilities have together enabled us to achieve a number of technological firsts in finding and producing oil from the deepwater Gulf.
Located at depths reaching more than 7,000 feet in some locations, the Mardi Gras Pipeline transportation system moves BP’s production from the four operated production platforms in the deepwater Gulf of Mexico.
Committed to the Future
BP currently has ten rigs operating in the Gulf, a company record. They are engaged in a range of activities including exploration, appraisal and development activities.
BP is progressing two major operated projects in the Gulf of Mexico: Na Kika Phase 3 and Mad Dog Phase 2.
The Na Kika Phase 3 project includes the drilling and completion of two new wells and subsea infrastructure to tieback to the existing Na Kika platform.
BP is currently reviewing existing plans and other options in evaluating how to develop the Mad Dog Phase 2 project. BP fully intends to develop the resources at Mad Dog Phase 2 and is committed to moving forward with the right plan.
In June 2012, BP announced the start-up of the Galapagos development. The development includes the subsea tie-back to the BP-operated Na Kika facility of three deepwater fields — Isabela, Santiago and Santa Cruz.
BP also continues to progress a strong portfolio of development options including Paleogene discoveries Tiber and Kaskida.
- Tiber, an oil discovery in the deepwater Gulf in 2009, is believed to be one of the largest finds in the region. Drilled to a total depth of 35,055 feet including 4,132 feet of water, the Tiber exploration well is one of the deepest ever drilled.
- Kaskida, a large oil field discovered in 2006, is currently operated and 100% owned by BP. Located 250 miles southwest of New Orleans, Kaskida is under appraisal.
- Gila is BP’s third significant discovery in recent years in the emerging Paleogene trend in the deepwater Gulf of Mexico. It is located approximately 300 miles southwest of New Orleans, in nearly 5,000 feet of water. An initial discovery well was drilled to a total depth of 29,221 feet, but further appraisal drilling will be required to determine the size and potential commerciality of the discovery. BP is the operator of Gila with 80 percent working interest, while ConocoPhillips holds a 20 percent stake.