U.S. oil firm Hess has installed the giant Stampede platform to its location in the U.S. Gulf of Mexico in preparation for the first oil in 2018.
Discovered in 2005, Stampede is located 115 miles south of Fourchon, La., in the Gulf of Mexico. The field has total estimated recoverable resources in excess of 300 million barrels of oil equivalent. The project was sanctioned in October 2014. The development includes subsea production and injection wells tied back to a single tension leg platform (TLP).
In a recent update, Hess said that during the second quarter the tension leg platform (TLP) had been installed in the field and hook-up activities had started.
One well was drilled and completed, and completion operations are underway on the second and third wells, Hess said.
First production from the field is expected in the first half of 2018, Hess said. Once in production, the TLP will operate in 3,500 feet of water with production of up to 80,000 barrels of oil per day.
Hess’ net production from the Gulf of Mexico in the second quarter of 2017 was 51,000 boepd, compared to 54,000 boepd in the prior-year quarter, primarily reflecting lower production as a result of planned shut-downs, partially offset by higher production at the Tubular Bells Field.
Offshore Energy Today Staff