LLOG Exploration Co. commenced with production on its two-well subsea development in the Spruance Field in deepwater Gulf of Mexico (GoM), a press release announced on June 28.
The development is producing approximately a combined 16,000 bbl/d of oil and 13 MMcf/d of gas from the field's Ewing Bank (EW) Blocks 877 and 921 through a 14-mile subsea tieback to the Lobster platform in EW 873, operated by EnVen Energy Corp.
First production was achieved less than three years after the initial exploratory discovery well was drilled in mid-2019 to a total depth of 17,000 ft. LLOG is the Spruance Field operator, owning a 22.64% working interest with partners Ridgewood Energy, EnVen, Beacon Asset Holdings, Houston Energy, Red Willow and CL&F, who own 23.89%, 13.5%, 11.61%, 11.2%, 11.15% and 6% working interests respectively.
"By remaining active throughout commodity price cycles and continuing to deliver world class results, we are seeing significant production growth in a higher pricing environment," LLOG president and CEO Philip LeJeune commented in the release. "We are executing our strategy of developing deepwater GoM projects in areas that have been prolific in the past, and that we understand very well.”
The EW 877 #1 well logged approximately 150 net feet of oil pay when it was initially drilled in 2019, while the EW 921 #1 well was drilled to the total depth of 16,600 ft in October 2020. The latter well successfully delineated the main field pays and logged additional oil pay in the exploratory portion of the well, finding a total of over 200 net feet of oil.
Headquartered in Covington, La., LLOG is a privately owned American E&P company focused on the deepwater Gulf of Mexico.
Recommended Reading
E&P Highlights: April 29, 2024
2024-04-29 - Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest
2024-03-04 - Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.
Pitts: Heavyweight Battle Brewing Between US Supermajors in South America
2024-04-09 - Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.
Chevron, Total’s Anchor Up and (Almost) Running
2024-05-07 - During the Offshore Technology Conference 2024, project managers for Chevron’s Anchor Deepwater Project discussed the progress the project has made on its journey to reach first oil by mid-2024.