Le Lézard
Classified in: Oil industry
Subjects: PDT, DSC

Start-up Success for bp's Manuel project at Na Kika Platform in Gulf of Mexico


HOUSTON, June 23, 2021 /PRNewswire/ -- bp today announced a significant milestone with the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021. Manuel includes a new subsea production system for two new wells tied into the Na Kika platform. The wells are expected to boost gross platform production by an estimated 20,100 boe/d.

Starlee Sykes, bp senior vice president Gulf of Mexico and Canada, said: "Manuel is exactly the type of high-value project that is critical to growing our business here in the Gulf of Mexico. bp's focused and resilient hydrocarbons business is a key pillar of our strategy. This start-up is another example of our team's commitment to safe and reliable operations."

The bp-operated wells, drilled to a depth of approximately 21,000 feet, are located southeast of the Na Kika platform, approximately 140 miles off the coast of New Orleans. bp and Shell each hold a 50 percent working interest in the Manuel development.

Ewan Drummond, bp senior vice president of projects, production and operations, said: "Our disciplined investment in Manuel is part of our target to add 900,000 boe/d of production from new projects by the end of 2021. The safe production of resilient hydrocarbons in the basins we know best is core to advancing our strategy to transform into an integrated energy company."

About bp
bp's ambition is to become a net zero company by 2050 or sooner, and to help the world get to net zero. bp is America's largest energy investor since 2005, investing more than $130 billion in the economy and supporting more than 125,000 additional jobs through its business activities. For more information on bp in the US, visit www.bp.com/us.

Notes to editors:

Further inquiries:

bp press office, Houston, [email protected]

bp privacy statement:
https://www.bp.com/en/global/corporate/news-and-insights/press-releases/privacy-statement-press.html

Cautionary statement:
In order to utilize the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 (the 'PSLRA'), bp is providing the following cautionary statement. This press release contains certain forward-looking statements ? that is, statements related to future, not past events and circumstances ? which may relate to one or more of the financial conditions, results of operations and businesses of bp and certain of the plans and objectives of bp with respect to these items. These statements are generally, but not always, identified by the use of words such as 'will', 'expects', 'is expected to', 'aims', 'should', 'may', 'objective', 'is likely to', 'intends', 'believes', 'anticipates', 'plans', 'we see' or similar expressions. Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under "Risk factors" and in any of our more recent public reports.

This document contains references to non-proved resources and production outlooks based on non-proved resources that the SEC's rules prohibit us from including in our filings with the SEC. U.S. investors are urged to consider closely the disclosures in our Form 20-F, SEC File No. 1-06262.

Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com,or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.

SOURCE BP


These press releases may also interest you

at 02:00
i3 Energy plc (AIM:I3E), an independent oil and gas company with assets and operations in the UK and Canada, announces that the court order cancelling i3 Energy's deferred A shares (issued in conjunction with the share capital reduction, as...

3 jui 2024
Alvopetro Energy Ltd. announces June 2024 sales volumes of 1,669 boepd including natural gas sales of 9.6 MMcfpd, associated natural gas liquids sales from condensate of 67 bopd and oil sales of 10 bopd, based on field estimates. Our Q2 2024 sales...

3 jui 2024
ACT Energy Technologies Ltd. ("ACT" or the "Company") is pleased to confirm that it has filed articles of amendment to implement the previously announced name change from "Cathedral Energy Services Ltd." to "ACT Energy Technologies Ltd.", and the...

3 jui 2024
PATTERSON-UTI ENERGY, INC. today reported that for the month of June 2024, the Company had an average of 113 drilling rigs operating in the United States. For the three months ended June 30, 2024, the Company had an average of 114 drilling rigs...

3 jui 2024
Pason Systems Inc. ("Pason") intends to release its 2024 second quarter results after the markets close on Wednesday, August 7, 2024. Pason will be conducting a conference call for interested analysts, brokers, investors, and media representatives...

3 jui 2024
The global marine loading arms market size is estimated to grow by USD 65.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.43%  during the forecast period. Rise in demand for oil and gas...



News published on and distributed by: