Anadarko, ExxonMobil strike Lucius deal

Looking forward: Anadarko and ExxonMobil will jointly develop Lucius and Hadrian South fields

US oil majors Anadarko and ExxonMobil have finalised a unitisation deal to develop the Lucius and South Hadrian fields in the deep-water Gulf of Mexico.

The deal includes portions of Keathley Canyon blocks 874, 875, 918 and 919 in the US Gulf.

Under the agreement, oil and gas produced from Hadrian South will be processed through the Lucius facility in return for a handling fee and reimbursement for any required facility upgrades, Anadarko said in a statement.

ExxonMobil spokeswoman Margaret Ross said the supermajor struck the deal with Anadarko "in order to bring these new domestic energy resources into production quickly".

She said the Lucius facility will produce about 100 million barrels of the 700-million-barrel Hadrian discovery.

ExxonMobil's…

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