LLOG sanctions Stonefly devlopment
U.S. exploration and production company LLOG Exploration Company has sanctioned the development of the Stonefly discovery in the Gulf of Mexico.
The Stonefly discovery and development is located in the Viosca Knoll 999 area in the U.S. Gulf of Mexico.
LLOG informed on Tuesday that the development of the Stonefly discovery had been sanctioned by LLOG and its partners.
LLOG successfully drilled two wells at Stonefly including the discovery well in 2016 and a follow up well in 2017, both of which encountered oil-bearing sands in the Middle Miocene.
The company also added that subsea tieback for the two wells to the nearby Ram Powell platform owned by Talos Energy is currently being planned with estimated first production around December of 2019.
Stone Energy bought the Ram Powell unit, and related assets in the U.S. Gulf of Mexico, from Shell, ExxonMobil, and Anadarko back in May 2018. The acquisition included six lease blocks in the Viosca Knoll Area, the Ram Powell tension leg platform, and related assets.
The Ram Powell tension leg platform is located in 3,200 feet of water in Viosca Knoll Area, Block 956, and is capable of processing 60,000 barrels of oil per day and 200 million cubic feet of gas per day.
LLOG’s partners in Stonefly are Beacon Offshore Energy Operating LLC, Houston Energy, Red Willow Offshore, LLC and Ridgewood Energy.
Offshore Energy Today Staff