INPEX to transfer interest in Lucius and Hadrian North fields in GoM
Sept. 2, 2022
INPEX Americas Inc. has transferred its entire participating interest in the Lucius Field and the Hadrian North Field to Anadarko US Offshore LLC, Murphy Exploration & Production Co.–USA and Eni Petroleum US LLC.
TOKYO, Japan—INPEX Corp.'s subsidiary, INPEX Americas Inc., has transferred its entire participating interest (10.10769%) in the Lucius Field located in the US Gulf of Mexico's (GoM) Keathley Canyon blocks 874, 875, 918 and 919 and the Hadrian North Field located in blocks 918 and 919 to Anadarko US Offshore LLC (a wholly owned subsidiary of Occidental Petroleum Corp.), Murphy Exploration & Production Co. – USA, and Eni Petroleum US LLC (a subsidiary of Eni).
INPEX joined the Lucius Project in June 2012 and has been engaged in the development, production and marketing of crude oil and natural gas under the operatorship of Anadarko. However, with a view to optimize the INPEX Group’s global asset portfolio, INPEX reached a decision to transfer its participating interest in the Lucius Project to the project partners. The impact of this matter on INPEX’s consolidated financial results is minimal.
