BHP Billiton's deepwater Shenzi oil and gas field lies in the Gulf of Mexico in Green Canyon blocks 609, 610, 653, and 654, approximately 120 miles from the coast of Louisiana, US. BHP increases Shenzi stake to 72%. Following the closing of the transaction, BHP will hold a 72% interest in the field. The Shenzi facility will have a design capacity to produce up to 100,000 barrels of oil and 50 million cubic feet of gas per day. BHP Billiton's deepwater Shenzi oil and gas field lies in the Gulf of Mexico in Green Canyon blocks 609, 610, 653, and 6. Located some 120 miles (195 km) off the Louisiana coastline, Shenzi came on stream in early 2009 with a … BHP acquires Hess’ 28% stake in Shenzi for US$505 million Summary: On 5 October 2020, Hess announced the sale of its 28% stake in the Shenzi deepwater US Gulf of Mexico development to BHP for US$505 million. New Zealand; Commodities; Features; Resources; Products; Events; Oil and Gas News BHP increases Shenzi stake to 72% . BHP Billiton has approved the development of its Shenzi field located across Green Canyon blocks 609, 610, 653, and 654, in approximately 4,300 ft of water. Gulf of Mexico – Green Canyon Blocks 609, 610, 653 and 654. Shenzi holds … Currently, Shenzi is structured as a joint ownership between BHP (operator, 44 per cent interest), Hess (28 per cent interest), and Repsol (28 per cent interest). BHP said in its operational update for the third quarter published on Thursday that the two wells were located in the Northern licenses and were a part of the company’s Phase 4 deepwater drilling campaign. October 6, 2020, 2:28 pm October 6, 2020 Comments Off on BHP increases Shenzi stake to … The deal brings BHP’s working interest in the field to 72%. The SB-201 well was drilled to … BHP Billiton discovered hydrocarbons in block 2C in 1999 by drilling Angostura-1 well, which was followed by phase one development of the field. Meet Jason as he takes you behind the scenes ️ on his daily routine at the office, as part of the Maintenance and Operations team on the Shenzi platform.. phone interview asking some behavioural questions, assessment centre, featuring group presentations, 1 on 1 speed dating … 120 miles from the coast of Louisiana. BHP Billiton today announced that the Shenzi oil and gas field in the deepwater Gulf of Mexico has been approved for development. Download high resolution image (JPG, 10.9 … BHP Group BHP recently announced the signing of an agreement with Hess Corporation to acquire the latter’s 28% interest in Shenzi oil and gas field located in the Gulf of Mexico for $505 million. 4,300ft. According to the company, the Boom-1 well was spud on August 28 and encountered hydrocarbons. BHP Billiton, the operator of the field, is the buyer of the WI. BHP Group BHP recently announced the signing of an agreement with Hess Corporation to acquire the latter’s 28% interest in Shenzi oil and gas field located in the Gulf of Mexico for $505 million. BHP Billiton-operated drillship CR Luigs spudded Shenzi-2 on Sept. 22 on Green Canyon block 653 in water depths of 4,238 ft and drilled it to 25,500 ft TD. BHP Billiton is the operator of the field, with a 44% stake, while Repsol and Hess each have 28% … Shenzi-2 is 2 mi southwest of the discovery well Shenzi-1, which encountered a gross hydrocarbon column of 465 ft with 140 ft of net pay. BHP sanctions Shenzi development. Water Depth. Location All; North America (1) Showing 1 out of 1 results Most relevant Date; Most relevant ; Operational Reviews. Shenzi is a mature subsalt, Miocene field operated by BHP that has been producing since March 2009. Download high resolution image (JPG, 2.7 MB) Download low resolution image (JPG, 90 kB) Spence Chile Download Image. Diversified major BHP over the weekend completed the transaction to acquire an additional 28% working interest in Shenzi, a six-lease development in the deepwater Gulf of Mexico. Phase II marked the development of the area’s gas reserves and achieved gas production in 2011. The Australian company operates two fields in the Gulf of Mexico Shenzi and Neptune, and holds non-operating interests in three other fields. Evaluation … By Location; BHP Jobs in Houston; BHP Jobs in Midland; BHP Jobs in Denver; BHP Jobs in The Woodlands; BHP Jobs in Baytown; BHP Jobs in New York; Related Companies; Chevron Jobs; Schlumberger Jobs; Baker Hughes Jobs; Rio Tinto Jobs; Phillips 66 Jobs; EOG Jobs; Jobs Tips ; 11 Recession-Proof Jobs; How to Get a … Oil production from the field started in 2005. Hess said on Monday it is selling its stake to BHP, the field’s operator, for a total consideration of $505 million. BHP Plans to Shut Shenzi, Neptune Platforms in U.S. Gulf by Wednesday: Company By Reuters , Wire Service Content Oct. 5, 2020 By Reuters , Wire Service Content Oct. 5, 2020, at 12:08 p.m. The Shenzi field is located in the deepwater Green Canyon area of the Gulf of Mexico and approximately 120 miles (193 kilometers) from the coast of Louisiana. Expand Share Article. BHP Billiton Petroleum announced today that it is the first company in the deepwater Gulf of Mexico to bring a newly drilled well into production since the moratorium was enacted in May 2010. The discovery is located … South Australia; Queensland; Western Australia; Northern Territory; International. Last year, the company discovered oil in multiple horizons at the Wildling-2 well and sidetrack north of the field. When completed, the $505-million acquisition will bring BHP's total interest in Shenzi -- which includes six deepwater leases -- to 72%. The Shenzi platform is located approximately 195 kilometres off the Louisiana coastline, in the Gulf of Mexico, USA and is the second deepest tension-leg platform (TLP) in the … The Shenzi stake was sold for a total consideration of $505 million, subject to customary adjustments, with an effective date of 1 July … Repsol holds the remaining interest. Project Type. deepwater; Rystad Energy; BHP Billiton; BHP Billiton lost billions during its foray into US shale, … Source: BHP Billiton. Offshore Staff (US, GoM) - BHP Billiton has approved the development of its Shenzi field located across Green … BHP plans to finish evacuating and shutting production on the Shenzi platform ahead of strengthening Hurricane Delta, said company spokeswoman Judy Dane. I interviewed at BHP (Melbourne (Australia)) in June 2018. Oil and gas field. The company in March drilled Shenzi North-ST3 offshore well, in the U.S. … BHP is confident that the West Barracouta joint venture project in the Bass Strait will be online in 2021 following … Molly Hancock October 22, 2020, 8:17 am October 24, 2020. BHP currently operates Shenzi with a 44% interest alongside Hess (28%) and Repsol (28%). Sept 10 - Following is the text of a statement from BHP Billiton Ltd BHP.AX BLT.L:. BHP completes Shenzi Transaction ... Shenzi is a six-lease development in the deepwater Gulf of Mexico and is structured as a joint ownership: BHP (Operator, 72 per cent interest) and Repsol S.A. (28 per cent interest). Location. BHP Billiton announced that first oil and natural gas production has commenced from the Shenzi development in the deepwater Gulf of Mexico. BHP Billiton is the operator of the field and has a 44 per cent interest in the … It has a water depth of approximately 1,311m (4,300ft). BHP Billiton, the Australian conglomerate, will invest $2.7 billion in petroleum activities in 2016. The well was brought into production on 30 May 2011 on the BHP Billiton operated Shenzi field. 25 March 2009, 11:00 AM ... First Oil & Gas from the Shenzi Field in Deepwater Gulf of Mexico BHP Billiton announced today that first oil and natural gas production has commenced from the Shenzi … Further information on BHP can be found at: bhp.com Authorised for lodgement by: … Landfall. Hess entered into an agreement to sell its 28 per cent working interest in the Shenzi field in the deepwater Gulf of Mexico to BHP to fund a project in Guyana in early October 2020. The field was discovered in November … The deal … , assessment centre, featuring group presentations, 1 on 1 speed dating … BHP sanctions Shenzi in... 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