BP Announces Mad Dog Spar Arrives in Pascagoula.To download high-resolution, print-ready JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. images, click on the thumbnail A miniature representation of a page or image that is used to identify a file by its contents. Clicking the thumbnail opens the file. Thumbnails are an option in file managers, such as Windows Explorer, and they are found in photo editing and graphics program to quickly browse multiple image above. WARNING: these images are very large (800K+) Click here for caption To download high-resolution, print-ready JPEG images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Energy Editors/Business Editors MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4555506 HOUSTON--(BUSINESS WIRE)--Jan. 22, 2004 BP (NYSE NYSE See: New York Stock Exchange :BP) announced today that the 20,000-ton spar for the BP-operated Mad Dog development had arrived in Pascagoula, Miss., following a 3-week journey from its construction site in Pori, Finland. The spar will be towed to the Mad Dog field location in the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east , following routine testing and final preparations at the port. The Mad Dog facility will be located at Green Canyon Block 826 in 4,500 feet of water. Peak production rates are expected to be 80,000 barrels of oil per day and 40 million cubic feet per day of gas. First oil is scheduled by early 2005. BP has 60.5 percent equity interest in the project, BHP Billiton BHP Billiton is the world's largest mining company.[1] Its origin is in the 2001 merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which has a South African background. The result is a dual-listed company. 23.9 percent and Unocal 15.6 percent. Mad Dog is one of a number of signature BP deepwater developments online or scheduled for startup in the next two years. These projects include Na Kika (which is already online), Holstein, Thunder Horse Thunder Horse is the largest moored semi-submersible oil platform in the world, located in 1,920 metres (6,300 ft) of water in the Mississippi Canyon Block 778/822, Thunder Horse oilfield, about 150 miles (241 km) southeast of New Orleans, Louisiana in the Gulf of Mexico. , Atlantis, and the Mardi Gras Mardi Gras (mär`dē grä), last day before the fasting season of Lent. It is the French name for Shrove Tuesday. Literally translated, the term means "fat Tuesday" and was so called because it represented the last opportunity for Transportation System (already online). BP is one of the largest acreage holders in the deepwater Gulf with more than 650 gross blocks in water depths greater than 1,500 feet. The company has a substantial reserve base in the deepwater Gulf. BP currently produces more than 300,000 boe (barrels of oil equivalent) per day from its deepwater Gulf of Mexico fields. BP is an international company involved in the exploration and production of crude oil and natural gas; refining, marketing, supply and transportation of hydrocarbons; and manufacturing and marketing of petrochemicals, and solar and gas-fired power generation. For more information on Mad Dog or other BP Gulf of Mexico operations, contact Larry Thomas at 281-366-3465. MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4555506 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion