GUIDE TO WORLD CRUDES: BP assays field in Gulf of Mexico

02/17/2003
BP PLC, London, and its partners conducted a provisional assay of the Southern Green Canyon Blend crude.This medium-sulfur crude from a new producing area in deepwater Gulf of Mexico will initially be a blend from three fields. These fields include Atlantis, Holstein, and Mad Dog, located about 150 miles offshore, south of New Orleans. Field owners are:Atlantis: BP 56%, BHP Billiton Ltd. 44%.Holstein: BP 50%, Shell Oil Co. 50%.Mad Dog: BP 60.5%, BHP Billiton 23.9%, Unocal Corp. 15.6%.Atlantis has reserves of 575 MMboe and the production facility will have a gross capacity of 150,000 b/d of oil and 180 MMscfd of gas (OGJ, May 20, 2002, p. 8).Holstein has an estimated 600 MMboe of reserves ...
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