ExxonMobil Begins Production at Hadrian South in Gulf of Mexico
March 30 2015 - 11:00AM
Business Wire
- Gross daily production to reach
approximately 300 million cubic feet of gas and 3,000 barrels of
liquids
- ExxonMobil net daily production from
Hadrian South and Lucius to reach more than 45,000 oil-equivalent
barrels
- Facilities tie into Anadarko-operated
Lucius project reducing the need for additional infrastructure
Exxon Mobil Corporation (NYSE:XOM) announced today it began
production in the deepwater Gulf of Mexico at Hadrian South with
facilities tied back to the nearby Lucius project, reducing
additional infrastructure requirements.
Daily gross production from Hadrian South, ExxonMobil’s deepest
subsea tie-back in nearly a mile and a half of water, is expected
to reach approximately 300 million cubic feet of gas and 3,000
barrels of liquids from two wells.
Hadrian South is a subsea production system with flowlines
connected to the Anadarko-operated Lucius truss spar, which started
production in January. With the startup of Hadrian South and
Lucius, ExxonMobil’s total Gulf of Mexico net production capacity
has increased by more than 45,000 oil-equivalent barrels per day.
ExxonMobil holds a 46.7 percent interest in Hadrian South and a
23.3 percent interest in Lucius.
“Successful deepwater projects like this are a result of
ExxonMobil’s disciplined project execution capabilities and
commitment to developing quality resources using advanced
technology,” said Neil W. Duffin, president of ExxonMobil
Development Company.
“Cooperating closely with Lucius operator, Anadarko, has
facilitated the development of a deepwater resource that may not
have been possible using a standalone approach,” Duffin said.
“Developing Gulf of Mexico oil and gas resources creates jobs,
generates revenue and supports American energy security.”
Hadrian South is located approximately 230 miles offshore in the
Keathley Canyon area of the Gulf of Mexico in about 7,650 feet of
water. The discovery well, Hadrian-2, was drilled in 2008 and the
appraisal well, the Hadrian-4 sidetrack, was completed in 2009.
ExxonMobil operates Hadrian South; co-venturers Petrobras and
Eni hold 23.3 percent and 30 percent, respectively.
Hadrian South adds to ExxonMobil’s Gulf of Mexico production
operations, where the company has produced oil and gas for more
than 60 years.
CAUTIONARY STATEMENT: Statements of future events or conditions
in this release are forward-looking statements. Actual future
results, including project plans, schedules, and capacities and
production rates, could differ materially due to changes in market
conditions affecting the oil and gas industry or long-term oil and
gas price levels; political or regulatory developments; reservoir
performance; technical or operating factors; and other factors
discussed under the heading "Factors Affecting Future Results" in
the Investor Information section of our website
(www.exxonmobil.com) and in Item 1A of our most recent Form 10-K.
References to quantities of gas and liquids include volumes that
are not yet classified as proved reserves under SEC rules but that
we believe will be produced in the future. The term "project" as
used in this release does not necessarily have the same meaning as
under any government payment transparency reporting rules.
ExxonMobilMedia Relations, 972-444-1107
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