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Mad Dog Phase 2 project, US Gulf of Mexico – update

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22nd October 2021

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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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 and 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 mid-2022.

Latest Developments
The project is on schedule and within budget, with the overall project 95% complete.

In the September 2021 quarter, onshore construction and commissioning of the Mad Dog Phase 2 project’s semisubmersible floating production platform, Argos, was completed and is being towed to the final location for offshore execution.

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.

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