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  • Equinor: Increased oil recovery from St. Malo
    édité le 20/09/2019 - Plus de news de "Equinor" - Voir la fiche entreprise de "Equinor"


Equinor: Increased oil recovery from St. Malo
Equinor announced the sanction of a waterflood project in the St. Malo field in the US Gulf of Mexico.

This waterflood project, sanctioned in the resource-rich Wilcox formation in the deepwater Gulf of Mexico, is expected to contribute an estimated ultimate recovery of more than 150-175 million barrels of oil equivalent. Equinor holds a 21.5% working interest in the St. Malo field.

The project will include two new production wells, three new injector wells, and topsides injection equipment to the Jack/St. Malo floating production unit, allowing us to extend the life of the field.

“We are pleased to announce this decision, which will further boost our production of high-value barrels from the Gulf of Mexico,” said Chris Golden, Senior Vice President for Equinor’s North America offshore portfolio.

Equinor has an ambition to grow and strengthen its US offshore portfolio, currently producing over 130,000 boe/day in total.

Located approximately 280 miles south of New Orleans, LA., the St. Malo field has an estimated remaining production life of 30 years.

Chevron, through its subsidiaries, Chevron U.S.A. Inc. and Union Oil Company of California, holds a 51 percent working interest in the St. Malo field, with co-owners MP Gulf of Mexico, LLC (25%) (owned by Murphy Oil Corporation 80% and Petrobras America Inc. 20%), Equinor Gulf of Mexico LLC (21.5%), Exxon Mobil Corporation (1.25%) and Eni Petroleum US LLC (1.25%).

About Equinor

Equinor, is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.


Origine : Communiqué Equinor

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