Ramps

Kicking off the next phase of the Sable Island project, Exxon Mobil Corp. said last week that natural gas production has begun at the Alma field, the first Tier 2 production from the Sable project, located 125 miles offshore Nova Scotia.

Kicking off the next phase of the Sable Island project, Exxon Mobil Corp. said Tuesday that natural gas production has begun at the Alma field, the first Tier 2 production from the Sable project, located 125 miles offshore Nova Scotia.

Magnum Hunter Resources Inc. and its partners are ramping up more production from their Gulf of Mexico (GOM) leases, which is helping the Irving, TX-based independent continue a string of offshore success that overall will yield an additional 20 MMcfe of new net daily production beginning in the fourth quarter.

Magnum Hunter Resources Inc. and its partners are ramping up more production from their Gulf of Mexico (GOM) leases, which is helping the Irving, TX-based independent continue a string of offshore success that overall will yield an additional 20 MMcfe of new net daily production beginning in the fourth quarter.

Following closely on the heels of Federal Reserve Chairman Alan Greenspan’s pro-LNG testimony before a House panel, Cheniere Energy Inc. said Friday that it has closed the formation of its partnership with BPU LNG, an affiliate of Sherwin Alumina, to build an LNG receiving facility on a site adjacent to the Sherwin Alumina plant in Corpus Christi, TX. The partnership was first announced in mid-May (see Daily GPI, May 16).

Following closely on the heels of Federal Reserve Chairman Alan Greenspan’s pro-LNG testimony before a House panel, Cheniere Energy Inc. said that it has closed the formation of its partnership with BPU LNG, an affiliate of Sherwin Alumina, to build an LNG receiving facility on a site adjacent to the Sherwin Alumina plant in Corpus Christi, TX. The partnership was first announced in mid-May (see NGI, May 19).

Pioneer Natural Resources Co. announced last week that its 100% owned and operated Falcon field in the western deepwater Gulf of Mexico began producing from two wells at approximately 185 MMcf/d and 650 b/d of condensate on March 15. The Falcon field start-up was the second of five major projects the company expects to bring online by early 2004.

Answering the call for increased domestic natural gas production, Magnum Hunter Resources Inc. said new production has commenced from its West Cameron Block 426 located on the Outer Continental Shelf (OCS) of the Gulf of Mexico. In addition, the Irving, TX-based company said it anticipates the start of new production from West Cameron Block 416 later this week, Ship Shoal 28 next month and West Cameron Block 428 within ten weeks.

Marathon Oil Co.’s Camden Hills field in the ultra-deepwater of the Gulf of Mexico has begun producing natural gas at a rate of 50 MMcf/d from the first two fields, and is expected to reach peak production of 100 MMcf/d later this month. The production is flowing from a new world-record water depth of 7,209 feet.