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Business|Gas|Oil And Gas|Oil-and-gas|Petroleum|PROJECT|Water
Business|Gas|Oil And Gas|Oil-and-gas|Petroleum|PROJECT|Water
business|gas|oil-and-gas|oilandgas|petroleum|project|water

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

Image of offshore oil platform

21st April 2023

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%).

Woodside merged with BHP’s petroleum business in 2022. Woodside holds a 23.9% nonoperated participating interest in Mad Dog.

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.

The new Argos platform is a semisubmersible floating production unit located about 10 km south-west of the existing Mad Dog platform.

Potential Job Creation
Not stated.

Capital Expenditure
$9-billion.

Planned Start/End Date
Production from the Mad Dog Phase 2 project started in April 2023.

The project will ramp up production throughout 2023.

Latest Developments
None stated.

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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Edited by Creamer Media Reporter

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