BP Begins Production at Mad Dog in Deepwater Gulf of Mexico.HOUSTON -- BP (NYSE NYSE See: New York Stock Exchange :BP) today announced start-up of oil and natural gas production from the Mad Dog development, located in the deepwater 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 , approximately 200 miles South of New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded . Located in approximately 4,500 feet of water in Green Canyon Block 826, Mad Dog production began on Jan. 13, and will increase over the next year as additional wells are completed and brought online. The facility is designed to process approximately 100,000 barrels of oil and 60 million standard cubic feet of gas per day. "We are excited that Mad Dog has commenced production. Bringing this challenging field into operation on-time is a significant achievement, made possible through excellent teamwork and partnership," said David Eyton, vice president of BP's Gulf of Mexico Deepwater Business Unit. "It represents another major milestone for BP in the Gulf of Mexico and will contribute significantly to our production growth in the region." The Mad Dog development consists of a truss truss, in architecture and engineering, a supporting structure or framework composed of beams, girders, or rods commonly of steel or wood lying in a single plane. spar, equipped with facilities for simultaneous production and drilling operations. Oil from Mad Dog will be transported via the Caesar pipeline to Ship Shoal 332B, where it will interconnect with the Cameron Highway Oil Pipeline System (CHOPS). Mad Dog gas will be exported via the Cleopatra pipeline to Ship Shoal 332A, where it will interconnect with Manta Ray manta ray or devil ray or devilfish Any of several genera of warm-water marine rays, constituting the family Mobulidae, that are wider than they are long. Gathering System, and from there to the Nautilus nautilus, in zoology nautilus, cephalopod mollusk belonging to the sole surviving genus (Nautilus) of a subclass that flourished 200 million years ago, known as the nautiloids. Gas Transportation System into Louisiana. Both Caesar and Cleopatra pipelines are part of the BP-operated 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. Mad Dog was discovered in 1998. Construction of the spar components and topsides commenced during 2001 in Pori, Finland and Morgan City Morgan City, city (1990 pop. 14,531), St. Mary parish, S La., a fishing port on the Atchafalaya River (connected to the Intracoastal Waterway); inc. 1860 as Brasher, renamed 1876. The city is headquarters for offshore petroleum drilling and has oil and gas wells. , La. BP is the Operator of Mad Dog with a 60.5% working interest. 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. owns a 23.9% working interest and Unocal owns a 15.6% working interest. Mad Dog is one of three world-class BP-operated Gulf of Mexico deepwater developments scheduled for start-up this year and next. In addition to Mad Dog, Thunder Horse is scheduled for start-up later this year, followed by Atlantis in 2006. A fourth world-class project, Holstein, commenced production in December 2004. All these fields link into the Mardi Gras Transportation System. About BP BP is the largest producer of oil and natural gas in the United States. Current BP production in the deepwater Gulf of Mexico is in excess of 300,000 (net) barrels of oil equivalent per day (boe/d), with daily production expected to increase to more than 500,000 boe/d by 2007. Note to Editors: High resolution photos of Mad Dog are available by e-mailing bpphotoservices@aol.com; Photo Credit: (C)2004 BP/Marc Morrison "Statements in this release relating to future plans projections, events, or conditions are forward-looking statements. Actual results, including production levels and timing, could differ materially due to political events or disturbances, reservoir performance, natural disasters, changes in technical or operating conditions, changes in market conditions affecting the oil and gas industry, and other factors including those discussed under the heading 'Forward-Looking Statements' in BP's 2003 Form 20-F. We assume no duty to update these statements as of any future date." |
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