Mad Dog Phase 2 is a conventional oil development located in ultra-deepwater in the US and is operated by BP Exploration & Production. Mad Dog Phase 2 lies in block Green Canyon 825 and Green Canyon 826, with water depth of around 5,062 feet.
The project is currently in commissioning stage and is expected to start commercial production in 2022. Final investment decision (FID) of the project was approved in 2017. The development cost is expected to be $9,013 m. The Mad Dog Phase 2 conventional oil development will involve the drilling of approximately 22 wells and includes semi-submersible, subsea manifold, and subsea trees.
Field participation details
The field is owned by BP, BHP and Chevron.
Production from Mad Dog Phase 2
Production from the Mad Dog Phase 2 conventional oil development project is expected to begin in 2022 and is forecast to peak in 2023, to approximately 1,20,249 bpd of crude oil and condensate and 147 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2041.
Remaining recoverable reserves
The field is expected to recover 514.77 Mmboe, comprised of 427.84 Mmbbl of crude oil & condensate and 521.62 bcf of natural gas reserves.
Contractors involved in the Mad Dog Phase 2 conventional oil field
Some of the key contractors involved in the Mad Dog Phase 2 project as follows.
Design/FEED Engineering: Avision Young UK, John Wood Group, KBR and TechnipFMC
Main EPC: Schlumberger and Subsea 7
EPC Contractors: Kongsberg Gruppen and Samsung Heavy Industries
Other Contractors: Acteon Group, Alscott Air Systems, Applus Services, Balmoral Group and BMT Group
About BP Exploration & Production
BP Exploration & Production Inc is a company engaged in oil and gas exploration & production.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.