LLOG Begins Initial Phase of Buckskin Development in GoM

LLOG Exploration (LLOG) has started development drilling operations at the Buckskin project in the deepwater Gulf of Mexico.

The initial phase of Buckskin deepwater project will consist of two development wells in Keathley Canyon 829 and a six-mile subsea tieback to the Lucius platform at Keathley Canyon 875.

Drilling and completion of the initial two wells, which will be drilled to approximately 29,000 feet, will be followed by installation of subsea facilities.

First production from the field is expected in mid 2019, LLOG said.

In order to fully develop the field, which is estimated to contain nearly five billion barrels of oil in place, additional wells and subsea facilities will be required after the initial phase.

Scott Gutterman, LLOG’s President and Chief Executive Officer commented, “The start of drilling at Buckskin is a significant milestone for LLOG, given the size of the field and the fact that it is our first development in the Lower Tertiary trend. We are looking forward to successful completion of the project and are excited about the potential of Buckskin and other opportunities in the Lower Tertiary.”

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