Genesis Energy signs new deepwater Gulf of Mexico transportation agreements
April 14, 2020
Genesis Energy will provide crude oil transportation services for the Katmai field development.
Courtesy Genesis Energy, L.P.
Offshore staff
HOUSTON – Genesis Energy, L.P. says it has entered into agreements to provide downstream transportation services for crude oil production associated with the deepwater Gulf of Mexico Katmai field development through the existing Tarantula production platform.
The agreements are with Fieldwood Energy LLC, Ridgewood Katmai, LLC and ILX Prospect Katmai, LLC, two entities managed by Ridgewood Energy Corp. The existing Tarantula production platform is owned by Fieldwood.
The Tarantula platform, located in South Timbalier block 308, has the capability to process up to 25,000 b/d of oil from the Katmai field development.The Katmai field development is located in Green Canyon blocks 39 and 40.
The Tarantula platform is currently connected to the Tarantula lateral and the crude oil production will be delivered to the Poseidon crude oil system for delivery to shore. First deliveries of oil are anticipated in the second quarter of this year.
