Blacktip (AC380) - LLOG Oil and Gas Asset (Federal offshore, United States)
| This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project. |
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Blacktip (AC380) - LLOG Oil and Gas Asset is a discovered oil and gas asset in Federal offshore, United States.
Along with Blacktip North (AC336) - LLOG Oil and Gas Asset (Federal Offshore, United States), Blacktip (AC380) - LLOG is a part of the Blacktip Deepwater complex.
Project Details
Main Data
Table 1: Asset-level project details for Blacktip (AC380) - LLOG Oil and Gas Asset
| Unit name | Status | Operator | Owner | Discovery year | FID* year | Production start year |
|---|---|---|---|---|---|---|
| Blacktip (AC380) - LLOG | Discovered[1] | LLOG Exploration Offshore[2] | Repsol (50.0%); LLOG Exploration Offshore (50.0%)[3] | 2019[4][5] | 2025 (expected)[2] | 2027 (expected)[4] |
Production and Reserves
Table 2: Reserves of Blacktip (AC380) - LLOG Oil and Gas Asset
| Fuel Description | Reserve Classification | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|
| hydrocarbons | reserves | 90 | million boe | 2023 | [4] |
Location
Table 3: asset-level location details for Blacktip (AC380) - LLOG Oil and Gas Asset
| Concession/Block | Location | Coordinates (WGS 84) |
|---|---|---|
| AC380[6] | Federal offshore, United States[1] | 26.5637, -94.4754 (exact)[1] |
The map below shows the exact location of the asset(s) within the Blacktip Deepwater complex:
Background
According to Upstream, Final Investment Decision "a final investment decision on a field development is possible in 2025 or 2026." The outlet also cites Repsol as previously stating estimated recoverable oil resource of 200 million barrels.[7]
In 2019, Shell and Equinor announced the "significant" deepwater discovery.[8] Shell divested from the project in 2023[9], and as of 2023 Repsol and LLOG owner 50% of the project each.[10]
Articles and Resources
Additional data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 1.2 https://web.archive.org/web/20230326092115/https://www.offshore-technology.com/projects/blacktip-oil-and-gas-prospect-us-gulf-of-mexico/. Archived from the original on 26 March 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 https://www.linkedin.com/posts/welligence_us-gom-ma-alert-repsol-has-partnered-50-activity-7066391653862817792-el7m/.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://www.repsol.com/content/dam/repsol-corporate/en_gb/accionistas-e-inversores/cnmv/2023/ori27072023-information-on-the-second-quarter-2023-results.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 4.2 (PDF) https://web.archive.org/web/20231114203617/https://www.eia.gov/outlooks/aeo/assumptions/pdf/OGSM_Assumptions.pdf. Archived from the original (PDF) on 14 November 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240302060818/https://www.offshore-mag.com/regional-reports/us-gulf-of-mexico/document/14305341/table-status-of-us-gulf-of-mexico-deepwater-discoveries-since-2000?o_eid=3576I2756701B8H&oly_enc_id=3576I2756701B8H&rdx.ident%255Bpull%255D=omeda%257C3576I2756701B8H. Archived from the original on 02 March 2024.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help); Unknown parameter|3576I2756701B8H&utm_campaign=ignored (help) - ↑ https://web.archive.org/web/20230606083041/https://www.shell.com/media/news-and-media-releases/2019/shell-announces-deep-water-discovery-in-gulf-of-mexico.html. Archived from the original on 06 June 2023.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ Searancke, Russell (2023-10-31). "New deep-water project takes step closer in the US Gulf of Mexico". upstreamonline.com. Retrieved 2024-04-03.
- ↑ Spencer, Starr. "Shell, Equinor tout 'significant' Blacktip deepwater oilfield discovery". S&P Global Commodity Insights.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Shell Quits Blacktip Project in US Gulf". Energy Intelligence. 2023-05-19. Retrieved 2024-04-03.
- ↑ Ghilotti, Davide; Searancke, Russell (2023-05-19). "Repsol makes strategic move with US Gulf of Mexico acquisition". upstreamonline.com. Retrieved 2024-04-03.
