Beacon Offshore Energy LLC said it began oil and natural gas production at its Shenandoah field off the coast of Louisiana on Friday, nearly a month after it was originally expected to commence.
Beacon, which in May said it expects first oil in June, expects to ramp up the Phase 1 wells during the third quarter to deliver about 100,000 barrels per day (bpd).
The floating production system has a nameplate capacity of 120,000 bpd and 140 million cubic feet per day.
Phase 2 of the Shenandoah development is expected to be drilled and completed by mid-2026.
The Houston-based privately held company also sanctioned the development of the Shenandoah South project, with initial production from the first well expected to occur in the second quarter of 2028.
(Reuters)