UK-based oil major BP has announced that its extension of the Argos platform in the US Gulf of Mexico has begun production.
The Argos platform is the fifth to be operated by BP in the US Gulf of Mexico, which is now also known as the Gulf of America. It came online in 2023 and has the capacity to produce 140,000 barrels per day (bpd) of crude oil. The extension project adds a new drill centre and three new wells about five miles southwest of the platform. A subsea tieback connects it to the platform and enables the use of the existing offshore processing infrastructure. The new project adds about another 20,000 bpd in oil equivalent to the platform’s capacity.
The senior vice president for the region, Andy Krieger, said the project shows how the company’s commitment to investing in production is:
“…growing our US offshore energy production safely and efficiently. This project also kicks off a period of significant growth for BP in the Gulf of America, which will continue to play a critical role in delivering secure and reliable energy the world needs today and tomorrow.”
BP, which also owns the Castrol metalworking range, completed the extension seven months early thanks to efficient management and implementation. It is just one of 10 major projects, including a sixth new platform in the Gulf of Mexico, that the company intends to bring online by the end of next year as it focuses on expanding its upstream production to meet the world’s energy demand.
