"To say I am proud of the team’s effort is an understatement. Early last year, our CEO Bernard Looney issued a challenge to ramp up output safely and responsibly from our flagship asset in the Gulf of Mexico—one that is significant to our business and boosts US production at a critical time," said Starlee Sykes, bp's senior vice president, Gulf of Mexico and Canada, on her LinkedIn.
CEO Bernanrd Looney added, from his LinkedIn, "bp’s Thunder Horse platform and I go way back. I helped drill the first well (MC778#1) back in the day (1999)—learned a huge amount along the way and made some fantastic friends. I miss those days. I always knew it was going to be a great project, but also that it wasn’t going to be easy.
"As I learned early on in my career, not all wells are created equally. And the team suffered a few setbacks along the way. But after a lot of work—I mean a LOT—they’ve recently managed to safely get production back up above 200,000 barrels of oil equivalent in a single day for the first time in over a year. That’s massive news. It shows how our Gulf of Mexico team are boosting production to help deliver the energy the world needs right now. That’s what this project is all about."
Thunder Horse is an integrated production and drilling facility with a dual derrick drilling rig located 150 miles southeast of New Orleans. It operates in a water depth of 6,050 ft. Thunder Horse can produce up to 250,000 bbl/d of oil and up to 200 MMcf/d of natural gas. bp operates Thunder Horse (75%) with partner Exxon Mobil (25%).
Earlier this week bp announced plans to invest a total of $7 billion into E&P activities in the GoM by 2025, compared to $10 billion in investment over the past five years.