Lucius spar installation complete in deepwater GoM

Anadarko has completed installation of the 80,000 b/d of oil capacity Lucius spar in deepwater Gulf of Mexico.

Offshore staff

HOUSTON –Anadarko has completed installation of the 80,000 b/d of oil capacity Lucius spar in deepwater Gulf of Mexico. The topsides are expected to be towed to location in 1Q 2014.

Lucius is on schedule toward first oil production in the second half of 2014, said Anadarko, and construction on the Lucius-look-alike Heidelberg spar is more than 70% complete. It is on schedule for first oil production in 2016.

Anadarko's 2013 deepwater GoM success was highlighted by the emergence of the Shenandoah basin. Following the Anadarko-operatedShenandoah-2 appraisal well, which encountered more than 1,000 net feet of oil pay, and oil discoveries at the nearby Coronado and Yucatan prospects, Anadarko enhanced its ownership position in, and will become the operator of Coronado.

Anadarko is the only company with ownership in all three discoveries in the Shenandoah basin. In addition, Anadarko and its partners are accelerating appraisal activity in the basin with appraisal wells under way atCoronado and Yucatan, and a rig committed to drill a delineation well at Shenandoah beginning in 2Q 2014

2/4/14

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