BP plc has started up an expansion project at its operated Atlantis platform in the U.S. Gulf of Mexico, adding two subsea water injection wells designed to increase reservoir pressure and extend the field’s producing life.
Located in 7,000' of water about 150 miles south of New Orleans, Atlantis has been in production for nearly 20 years. The major facility expansion project is expected to add about 10,000 barrels of oil equivalent per day (boe/d) in gross peak annualized average production, including approximately 5,000 boe/d net to BP.
BP holds a 56% working interest in the field, and partner Woodside Energy Group Ltd. holds the remaining 44% stake.
The company said the project was completed ahead of schedule and under budget. The new wells will inject water into targeted reservoirs to maintain pressure and support additional production using the platform’s existing infrastructure.
“Atlantis has been one of the anchors of our Gulf business for nearly two decades, and this expansion proves there is still more value to be generated,” said Andy Krieger, senior vice president for the Gulf and Canada. “We're extending the life of a great asset while supporting jobs and investment in the region — all while making the most of infrastructure that's already in place.”
The startup comes as BP advances two additional Gulf production projects. The company recently sanctioned the Kaskida and Tiber platforms, which are expected to add a combined 160,000 boe/d of production capacity by the end of 2030.
