US offshore player Helix Energy Solutions said it has pushed back first oil at its Phoenix field in the deep-water US Gulf after signing a contract with BP to send its floating production unit Helix Producer 1 to help with the Macondo oil spill.
Helix said today it expected revenue from the BP contract to fully offset lost revenue from bringing the Phoenix field on later than planned.
Phoenix is in Green Canyon Block 237 and has all its permits in place so it can begin production as soon as the Helix Producer 1 is available.
The Phoenix field was formerly operated by Chevron through an Atlantia-¿design SeaStar tension-leg production platform, called ¿Typhoon.
Typhoon produced from wells such as Typhoon in Green Canyon blocks 236 and 237, Boris in Green Canyon Block 282, and Little Burn in Green Canyon Block 238. ¿
But in 2005 Hurricane Rita caused the TLP to capsize and it drifted into the shallower Eugene Island area with its keel up.
Since the field was deemed ¿mature, Chevron and partner BHP Billiton relinquished the leases to Helix’s exploration and production subsidiary ERT in 2006, which built the Helix Producer 1 to help bring the field back on stream.