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
Hirs: LNG Plan is a Global Fail
2024-03-13 - Only by expanding U.S. LNG output can we provide the certainty that customers require to build new gas power plants, says Ed Hirs.
Exclusive: Dan Romito Urges Methane Mitigation Game Plan
2024-04-08 - Dan Romito, the consulting partner at Pickering Energy Partners, says evading mitigation responsibility is "naive" as methane detection technology and regulation are focusing on oil and gas companies, in this Hart Energy Exclusive interview.
From Satellites to Regulators, Everyone is Snooping on Oil, Gas
2024-04-10 - From methane taxes to an environmental group’s satellite trained on oil and gas emissions, producers face intense scrutiny, even if the watchers aren’t necessarily interested in solving the problem.
Markman: Is MethaneSAT Watching You? Yes.
2024-04-05 - EDF’s MethaneSAT is the first satellite devoted exclusively to methane and it is targeting the oil and gas space.
CERAWeek: Energy Secretary Defends LNG Pause Amid Industry Outcry
2024-03-18 - U.S. Energy Secretary Jennifer Granholm said she expects the review of LNG exports to be in the “rearview mirror” by next year.