Offshore staff
HOUSTON – Shell Midstream Partners says it has acquired a 10% interest in Proteus Oil Pipeline Co., LLC; a 10% interest in Endymion Oil Pipeline Co.; and a 1% interest in Cleopatra Gas Gathering Co. from BP.
“This acquisition builds on our corridor pipeline strategy in the Gulf of Mexico,” said John Hollowell, CEO of Shell Midstream Partners. “Our sponsor, Shell Pipeline Co., is currently building the Mattox pipeline to serve the recently sanctioned Appomattox platform. Proteus and Endymion will connect the Mattox pipeline to onshore markets, creating a new corridor line, which will transport all of Appomattox’s volumes once it comes online toward the end of the decade.”
Hollowell added: “Proteus also connects to the Thunder Horse platform which is a key development field for BP and ExxonMobil. In addition to Thunder Horse, Proteus is also currently connected to the Noble Energy, Inc. operated Thunder Hawk platform. This acquisition will deepen our footprint in the Eastern Gulf of Mexico, an active area with a number of discoveries currently under appraisal.”
Highlights of the pipeline systems involved include:
* Proteus is a 71-mile crude oil pipeline with a 425,000 b/d capacity. The pipeline provides access to the Mississippi Canyon area of the Gulf of Mexico from the Thunder Horse and Thunder Hawk platform to the Proteus SP 89E platform. Noble Energy’s Big Bend and Dantzler fields are tied back to the Thunder Hawk platform.
* Endymion is an 89-mile crude oil pipeline with a 425,000 b/d capacity. The pipeline provides access to the Mississippi Canyon area of the Gulf of Mexico. It is connected to LOOP Clovelly storage with access to multiple markets.
* Cleopatra is a 115-mile gas gathering pipeline in Southern Green Canyon, with access to Atwater Valley, Walker Ridge, and Lund areas in the Gulf of Mexico. Cleopatra is currently connected to the Holstein, Atlantis, Neptune, Shenzi and Mad Dog platforms. The system will transport new volumes from the Mad Dog 2 field once it comes online.
12/31/2016
