Ladybug exceeds 2MMbbl

July 24, 2002
Production at ATP O&G Corp.'s Ladybug project at Garden Banks block 409 has exceeded 2 MMbbl, averaging more than 7,000 b/d.

Production at ATP O&G Corp.'s Ladybug project at Garden Banks block 409 has exceeded 2 MMbbl, averaging more than 7,000 b/d. In addition, cumulative gross natural gas production has exceeded 2.1 bcf. The company's net cumulative production amounts to 1 MMbbl at an average of more than 3,100 b/d and 1 bcf of natural gas. ATP, as the operator, began producing in Sept. 2001 from the Ladybug field in 1,360 ft of water by connecting two subsea wells with two 6-in., 18 mi flow lines to a platform in Garden Banks block 189.