BP Names New GoM Platform Argos

Monday, December 3, 2018

The new floating production unit currently being constructed for the Mad Dog 2 project in the deepwater Gulf of Mexico will be named Argos, U.K. oil major BP announced.

BP said the name was chosen by the project team and an employee survey and is a reference to Odysseus’ loyal dog from the ancient Greek epic The Odyssey, and a nod to the Mad Dog spar, an existing production facility operated by BP that is located about six nautical miles away from the Argos site.

The Mad Dog 2 project, which will help extend the life of the super-giant Mad Dog oil field beyond 2050, includes the Argos platform with the capacity to produce up to 140,000 gross barrels of crude oil per day through a subsea production system from up to 14 production wells and eight water injection wells.

The platform will be BP’s fifth operated platform in the Gulf of Mexico and the first new BP-operated production facility in the Gulf of Mexico since 2008, when Thunder Horse came online.

Starlee Sykes, BP’s regional president for the Gulf of Mexico and Canada, said, “[The Mad Dog 2 project] is key to delivering high-margin production from one of the largest fields in the Gulf of Mexico, and it will strengthen our position in the basin for years to come.”

The Argos platform hull and topsides are currently under construction in South Korea, with oil production from the facility expected to begin in late 2021. Sykes said the project is on track and on budget

Originally estimated to cost over $20 billion, BP worked with co-owners and contractors to simplify and standardize the platform’s design, reducing the overall project cost by about 60 percent. The final investment decision for the $9 billion project was approved in early 2017 by BP (60.5 percent) and co-owners BHP (23.9 percent) and Union Oil Company of California, an affiliate of Chevron U.S.A. Inc. (15.6 percent).


(Photo: BP)


(Photo: BP)

Categories: Deepwater Engineering Production Floating Production North America Construction

Related Stories

Total Fined for North Sea Chemical Discharge

Halliburton Debuts 3D Logging-While-Drilling Tech

Thought Leadership: Class & Regulations

Storm Forces US Gulf Platform Evacuations

Total Sells UK North Sea Assets

EU Threatens Turkey with Sanctions over Cyprus Drilling

Aker BP Makes Oil Discovery off Norway

Activity Picking Up Offshore Guyana

North Sea Capital Making Inroads

Trestakk Comes on Stream

Current News

Greece Creating Offshore Emergency Response Plan

Eni Allegedly Tried to Sway Witness in Nigeria

Aker Energy IPO May be in Late 2019 or 2020

MAN Wins Chevron FEED Gig

Hibiscus Acquires North Sea Rights

Work Begins at Windfloat Atlantic

Seadrill Gets a Drillship Contract

MDL Builds HLS for Double North Sea Scope

Woodside Q2 Revenue Slides 32%

Internet Outage Delays US Gulf Production Stats

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week