Name of the Project
Shenzi North oil project.
Location
US Gulf of Mexico.
Project Owner/s
Woodside is the operator and holds a 72% share in Shenzi North. Repsol holds the remaining 28% working interest.
Project Description
Shenzi North represents the first development phase of Greater Wildling, following exploration success in 2017.
The project will take advantage of existing infrastructure and production capacity in the nearby Shenzi production facility.
The project adds two wells and subsea equipment to establish a new drill centre north of Shenzi, with the capacity to produce up to 30-million barrels of oil equivalent a day.
Potential Job Creation
Not stated.
Capital Expenditure
$544-million.
Planned Start/End Date
The project was approved in the September 2021 quarter.
Production started in September 2023.
Latest Developments
Woodside has started production at the Shenzi North project.
The project, on which a final investment decision (FID) was made in July 2021, achieved production ahead of targeted first oil in 2024.
“Taking the project from FID to first oil in 26 months is a great achievement. I commend the project team on safely bringing this resource into production well ahead of schedule,” Woodside CEO Meg O’Neill has said.
Woodside holds a 72% interest in the Shenzi conventional oil and gas field as operator and Repsol holds the remaining 28% interest. The field is located approximately 195 km off the coast of Louisiana in the Green Canyon protraction area.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Woodside, tel +1 713 961 8500.