Shenandoah production platform heading to Gulf of Mexico
Beacon Offshore Energy has confirmed that the new 120,000-bbl/d Shenandoah semisubmersible floating production system is in transit to the US Gulf of Mexico and should arrive in mid-February.
The development remains on track for first oil in second-quarter 2025.
According to David Mirzai, energy analyst at consultants SP Energy, operations have now started on completing the second of four Phase 1 produce wells. Rig flowback operations will start early in 2025 followed by completion of the final two Phase 1 wells.
Beacon and partners HEQ Deepwater and Navitas Petroleum have also sanctioned the Shenandoah Phase 2 development, which should add a further 110 MMboe to the project.
The same partnership signed a two-well subsea tieback agreement to connect 75 MMboe produced from the Zephyrus field to the Shell-operated Olympus production platform, which is set to go onstream in late 2025.
However, as Mirzai pointed out, the Shenandoah project had previously undergone a six-month overrun of the initially planned timetable due to construction issues at the yard with the production platform.
He added that Navitas is relying on revenues from first oil from Shenandoah to advance FID of its Sea Lion oil project in the offshore North Falkland basin.