According to the company, the Greater Longhorn Area lies in the region of Central Mississippi Canyon (MC), approximately 60 miles offshore Louisiana and also includes both the Eni-operated Corral Platform, previously known as Crystal Platform, and the Longhorn Field currently under development.
The development of Longhorn Phase II, sanctioned by Eni in December 2008 with total investments of $112.9 million, provides for an additional sub-sea well that will be tied in to the Corral Platform. Expected peak rate will range from 30 million standard cubic feet per day to 50 million standard cubic feet per day of gas, said the energy company.
The Longhorn gas development project, operated by Eni with a 75% interest and Nexen Petroleum USA with 25%, is located in MC Block 502 & 546 at a water depth of 2,400ft. Production at Longhorn is expected to start in July 2009.
The nearby Appaloosa Unit, entirely held by Eni, consists of MC Block 459, 460 and a portion of MC 503 & 504 in 2,800ft of water. The Appaloosa unit development was sanctioned in December 2008 with a total investment of $228.1 million. Oil processing capacity at the Corral Platform will be upgraded to accommodate Appaloosa’s first oil, which is expected to flow in January 2010 with a peak rate of 7,500 barrels of oil per day.
Eni is an integrated energy company, engaged in research, production, transport, transformation and marketing of oil and natural gas.
