By OGJ editors
HOUSTON, Sept. 19 -- Poseidon Oil Pipeline Co. LLC has contracted with Front Runner field producers to transport crude oil via a proposed new pipeline from a planned floating production spar on Green Canyon Block 339 in the central Gulf of Mexico to Poseidon's existing system on Ship Shoal Block 332. The existing pipeline system delivers oil from the central Gulf of Mexico to onshore Louisiana.
Poseidon will construct, own, and operate the new 36 mile, 14-in. pipeline from Front Runner. The pipeline will have a capacity of 65,000 b/d, expandable to 125,000 b/d. Poseidon expects the spur to be operational by mid-2004.
Front Runner field, in 3,500 ft of water, is 135 miles southeast of Houma, La. A spar-type floating production system, currently under construction, will serve as a production hub for Front Runner, Front Runner South, and Quatrain fields on Blocks 338 and 339. The spar will be capable of handling production of 60,000 b/d of crude oil and 110 MMcfd of natural gas.
Front Runner is owned by Murphy Exploration & Production Co. 37,5% along with Dominion Exploration & Production Inc., Richmond, Va., 37.5%, and Spinnaker Exploration Co., Houston, 25%. Operator Murphy estimates that the three fields hold a total of 150-230 million boe
Poseidon Oil Pipeline Co. LLC, which owns and operates the Poseidon pipeline system, is a subsidiary of GulfTerra Energy Partners LP 36%, Shell Oil Products US (formerly Equilon Enterprises LLC) 36%, and Marathon Oil Co. 28%.