INPEX acquires additional interest in Lucius and Hadrian North fields
Feb. 3, 2021
The acquisition increases INPEX’s participating interest to just over 10%.
Courtesy INPEX
Offshore staff
TOKYO – INPEX Corp. says that it has additionally acquired a portion of the participating interest in the Lucius and Hadrian North fields previously held by ExxonMobil.
This acquisition increases INPEX’s participating interest in the Lucius and Hadrian North fields from 7.75% to just over 10%. Under the operatorship of Occidental, INPEX and its project partners are jointly developing, producing and marketing crude oil and natural gas from the Lucius field located in the US Gulf of Mexico’s Keathley Canyon blocks 874, 875, 918 and 919 and the Hadrian North Field located in Keathley Canyon blocks 918 and 919.
The Lucius field is located approximately 380 km offshore the State of Louisiana, where the water is approximately 2,200 m deep. Production of crude oil and natural gas at the Lucius field commenced in January 2015.
The Hadrian North field, which lies in the vicinity of the Lucius field, was unitized with the Lucius field in 2017 and thereafter has been jointly developed with the Lucius field using the Lucius Field’s production facilities. Production of crude oil and natural gas at the Hadrian North field commenced in April 2019.
