Louisiana-based LLOG Exploration Co. said June 23 it has reached first production at the Praline Field in the U.S. Gulf of Mexico’s Mississippi Canyon Block 74.
The Pliocene-aged subsalt discovery was developed as a tieback to the Talos Energy-operated Pompano platform. It is the company’s first pipe-in-pipe tieback and marks the first of four tieback projects LLOG plans to bring online within the next year, according to Philip LeJeune, president and CEO of LLOG.
“I am particularly proud that through the challenging year of 2020, our Praline field partners and Talos, our host platform partner, were able to continue with the Praline development and safely deliver a project that is more than 20% under budget,” LeJeune said in a news release.
He added that LLOG remains “committed to maintaining the same high environmental, safety and operational standards that have successfully guided us for over 20 years as a premier operator in the Gulf of Mexico” and “focused on sustainably and profitably continuing our field development campaign over the coming years.”
The Praline well was completed in August 2020. The discovery well was drilled in 2,600 ft of water to a total depth of 13,400 ft and discovered more than 125 ft of net hydrocarbons.
Recommended Reading
Kimmeridge Fast Forwards on SilverBow with Takeover Bid
2024-03-13 - Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.
M4E Lithium Closes Funding for Brazilian Lithium Exploration
2024-03-15 - M4E’s financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement.
Laredo Oil Subsidiary, Erehwon Enter Into Drilling Agreement with Texakoma
2024-03-14 - The agreement with Lustre Oil and Erehwon Oil & Gas would allow Texakoma to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana.
California Resources Corp. Nominates Christian Kendall to Board of Directors
2024-03-21 - California Resources Corp. has nominated Christian Kendall, former president and CEO of Denbury, to serve on its board.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.