LLOG Exploration brings deepwater Buckskin wells on stream

LLOG Exploration Co. LLC reported it brought two Buckskin oil wells on stream in the deepwater Gulf of Mexico. Buckskin field is on Keathley Canyon Blocks 785, 828, 829, 830, 871, and 872 in 6,800 ft of water.

Once fully established, the project’s first phase is expected to reach 30,000 b/d (gross) of oil (OGJ Online, Jan. 26, 2018).

Phase 1 involves two wells in Keathley Canyon Block 829 and a 6-mile subsea tieback to the Lucius platform at Keathley Canyon Block 875. LLOG in 2018 finished drilling and completion of the initial two wells, which were drilled to 29,000 ft.

Subsea equipment was installed to complete the tieback this year. The drilling, completion, and subsea installation were completed ahead of schedule and on budget.

Additional phases will fully develop the field, which is estimated to contain nearly 5 billion bbl of oil in place.

LLOG operates the field. LLOG affiliate companies own 33.8% working interest in the Buckskin development. Additional partners are Repsol E&P USA Inc. 22.5%, Beacon Offshore Energy Buckskin LLC 18.7%, Navitas Buckskin US LLC 7.5%, and Ridgewood Energy 1 with 17.5%.

Philip LeJeune, LLOG’s president and chief executive officer, said Buckskin is the company’s first deepwater development in the Lower Tertiary trend.

LLOG plans to spud a delineation well this month at the Leon discovery with the goal of bringing it to development in the near future. Leon also is in the Lower Tertiary trend.