Shenzi North oil project, US Gulf of Mexico – update
Name of the Project
Shenzi North oil project.
Location
US Gulf of Mexico.
Project Owner/s
BHP 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 is expected to start in the 2024 financial year.
Latest Developments
The project is on schedule and on budget.
The overall project is 8% complete.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
BHP, tel +1 781 575 4555.
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