Inpex acquires additional deepwater Gulf of Mexico interests

Feb. 3, 2021
Inpex Americas Inc., an Inpex Corp. subsidiary, has acquired 2.35% of 23.30% participating interest previously held by ExxonMobil in Occidental Petroleum-operated deepwater Gulf of Mexico fields Lucius and Hadrian North.

Inpex Americas Inc., an Inpex Corp. subsidiary, has acquired 2.35% of 23.30% participating interest previously held by ExxonMobil in Occidental Petroleum-operated deepwater Gulf of Mexico fields Lucius and Hadrian North.

Lucius lies 380 km offshore Louisiana in Keathley Canyon Blocks 874, 875, 918, and 919 in water depth of 2,200 m. Hadrian North, in the vicinity of Lucius in Keathley Canyon Blocks 918 and 919, was unitized with Lucius in 2017 and has since been jointly developed using Lucius’s production infrastructure. 

Crude oil and natural gas from the two fields are processed at an offshore floating production platform with capacity to process over 80,000 bo/d and 450 MMscfd of natural gas, shipped to a plant onshore Louisiana via subsea pipelines.

The acquisition increases INPEX’s participating interest to 10.11% from 7.75%.