[US GOM] Stones

escveritas
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[US GOM] Stones

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STONES DEEP-WATER PROJECT

Construction has been completed on the floating production, storage and offloading (FPSO) for Stones, an ultra deep water oil and gas development that will host the deepest production facility in the world.

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In November 2015, the Turritella FPSO for Stones set sail from Singapore to its final destination in the Gulf of Mexico. The project is located in the Gulf of Mexico’s lower tertiary geologic trend, a new frontier in deep water where Shell achieved first commercial production with Perdido.

Phase one of the project includes eight subsea production wells tied back to the FPSO. Multiphase seafloor pumping is planned for a later phase to pump oil and gas from the seabed to the vessel, increasing recoverable volumes and production rates.

In September 2016, Shell started production at Stones in the US Gulf of Mexico. Stones is the world’s deepest and oil and gas project, operating in around 9,500 feet (2,900 meters ) of water in an ultra-deep area of the US Gulf of Mexico.

The host facility for the world’s deepest offshore oil and gas project is a floating production, storage and offloading (FPSO) vessel. The FPSO connects to subsea infrastructure which produces oil and gas from reservoirs nearly 30,000 feet below sea level. Stones is Shell’s second producing field in the Lower Tertiary geologic frontier in the Gulf of Mexico, following Perdido in 2010.

FPSO Turritella is the first project awarded to SBM Offshore as part of the Enterprise Framework Agreement (EFA), signed by SBM Offshore and Shell in March 2012, for the supply of medium and small FPSOs on a lease and operate basis.

Contracts with Shell Offshore Inc. are to supply and lease the floating production, storage and offloading (FPSO) vessel for the Stones project in the Gulf of Mexico. The contracts include an initial period of 10 years with future extension options up to a total of 20 years. The FPSO is owned by a joint venture company comprising SBM Offshore (55%), Mitsubishi Corporation (30%) and Nippon Yusen Kabushiki Kaisha (NYK Line) (15%).

Project Information

Location: Gulf of Mexico; 200 miles southwest of New Orleans, Louisiana
Depth: Water depth ~9,500 feet; reservoir depth ~26,500 feet below sea level
Interests: Shell 100% owner and operator
Fields: Stones field, discovered 2005
Production: An estimated 50,000 barrels of oil equivalent (boe) per day at peak production
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