Noble Energy has reported a rise in production capacity from three wells at the Galapagos development, in the deepwater Gulf of Mexico area.
Production in the Galapagos area was initiated from the BP-operated Isabela field in early June, followed by Noble Energy’s Santa Cruz and Santiago fields.
The net production from the fields is 13,000 barrels of oil a day and eight million cubic feet of natural gas each day, about 30% greater than previously forecast.
With the addition of Galapagos, Noble Energy’s deepwater Gulf of Mexico production has increased to approximately 30,000 barrels of oil equivalent each day, with more than 80% oil.
David L Stover, Noble Energy president and COO, said Galapagos is the second major project to start up in the past eight months and will provide the company with significant production and cash flow growth.
"We continue to build on our strong track record of execution as this project came on-line less than three years after sanction," said Stover.
"Galapagos is one of the first development projects to start up in the Gulf of Mexico after the moratorium, and our permit to drill Santiago was the first such permit received following the moratorium."
Noble Energy and its partners have made plans to not continue additional appraisal activities at the Deep Blue prospect, although hydrocarbons were found in both the initial exploration well and subsequent sidetrack.
The Deep Blue well was originally spud in 2009 and the company intends to invest $118m for exploration activities in the second quarter for the Deep Blue prospect.