BP starts at Juniper, Persephone

BpTT’s Juniper offshore platform

BP Trinidad and Tobago (bpTT) yesterday announced that it had received the first gas from the Juniper development.

The Juniper platform, 80 kilometres (50 miles) off the south-east coast of Trinidad.

The British oil company said its partner Woodside Energy brought a natural gas joint venture project called the Persephone into production off Western Australia.

BP says that gas production from Juniper began on schedule and under budget, marking the largest new project to start up in Trinidad for several years.

Despite a lull in oil prices that has extended beyond three years, dropping to about US$50 a barrel from highs of $110, BP has remained committed to new offshore investments, which is more capital intensive than onshore.

"This year's projects will deliver a key part of the 800,000 barrels equivalent a day production from new projects that we expect by the end of the decade". Gas flows to the Mahogany B hub via a new 10-km (6-mile) flowline.

BP chief executive Bob Dudley said: "This is a significant year for BP and, with five of our seven planned major projects now onstream, delivery of our plan is firmly on track". This field is estimated to come on stream in late 2019 with an estimated gas production capacity of 600 million standard cubic feet per day. Juniper is bpTT's 14th offshore platform in Trinidad.

BP had previously said the new projects would help to offset impact from maintenance shutdowns in the third quarter, with production expected to be flat on the second quarter.

The other two BP projects slated for startup in 2017 are the Eni-operated Zohr Field, which holds an estimated 30 Tcf of gas in place, and the Khazzan Phase 1 in Oman.



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