Name of the Project
Mad Dog Phase 2 project.

Location
The second Mad Dog platform will be moored about 10 km to the south-west of the existing Mad Dog platform, which is located in 1 371 m of water, about 305 km south of New Orleans, in the US Gulf of Mexico.

Project Owner/s
Multinational oil and gas company bp (60.5%), and co-owners BHP (23.9%) and Union Oil Company of California, an affiliate of Chevron (15.6%).

Project Description
The project aims to add a second platform to the supergiant Mad Dog field at less than half of the original cost.

Mad Dog Phase 2 will include a new floating production platform that can produce up to 140 000 gross barrels of crude oil a day from up to 14 production wells. The project includes capacity for water injection.

Potential Job Creation
Not stated.

Capital Expenditure
$9-billion.

Planned Start/End Date
First production from Mad Dog Phase 2 is expected in the middle of the 2022 calendar year.

Latest Developments
The project is on schedule and within budget, with the overall project 90% complete.

The project achieved a major milestone in April 2021 as the semisubmersible floating production platform, Argos, arrived in the US from South Korea.

The platform will undergo final preparatory work and regulatory inspections before being towed offshore for installation.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
bp press office – Houston, tel +1 281 366 4463, email uspress@bp.com.