Offshore staff
COVINGTON, Louisiana – LLOG Exploration Offshore L.L.C. and Eni S.p.A. have signed an infrastructure agreement for the Taggart development in the deepwater Gulf of Mexico.
The agreement provides LLOG access to Eni and Marubeni Oil & Gas (USA) LLC’s existing subsea infrastructure connected to the Williams-owned Devils Tower spar in Mississippi Canyon block 773 to optimize its development of the Taggart discovery.
According to LLOG, the agreement provides it a more streamlined, efficient, and cost-effective solution for development while also providing Eni and Marubeni an opportunity to maximize the value of their existing infrastructure.
LLOG sanctioned the Taggart development in June 2020. Initial development plans include the completion and tieback of two wells with first production expected in the first half of 2022.
LLOG and its affiliates own 100% of the Taggart development.
The Taggart discovery is on Mississippi Canyon block 816 in about 5,650 ft (1,722 m) of water. The Mississippi Canyon 816 #1 discovery well was drilled in 2013 to a depth of 11,562 ft (3,524 m) and encountered a total of 97 ft (30 m) of net pay in two Miocene objectives. Two subsequent appraisal wells were drilled in 2015 and 2019 and encountered 147 ft (45 m) and 84 ft (26 m) of net pay, respectively.
Philip LeJeune, president and CEO of LLOG, said: “LLOG continues to advance our project development in the deepwater Gulf of Mexico. To maximize capital efficiency and accelerate development, we are working with all of our partners to identify opportunities to optimize current infrastructure that allow for mutually beneficial development. Eni and Marubeni are leaders in global exploration and development, and we are pleased to be working on this project with them.”
02/10/2021
