bp starts up seventh major project of 2025
- Atlantis Drill Center 1 expansion in US Gulf of America supports bp’s strategy to grow the upstream business.
- Two-well subsea tieback to the existing Atlantis platform will add gross peak production of around 15,000 barrels of oil equivalent per day.
- First oil delivered two months ahead of plan, the fifth of seven projects in 2025 to safely start up ahead of schedule.
bp successfully delivered first oil from the Atlantis Drill Center 1 expansion project in the US Gulf of America, its seventh upstream major project startup of the year.
The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform. Atlantis, one of bp’s longest-running platforms in the Gulf of America, has a gross production capacity of up to 200,000 barrels of oil per day.
The Atlantis Drill Center 1 expansion adds two wells to an existing drill center, a subsea hub connecting multiple wells. The subsea tieback, which connects new wells to existing offshore production facilities through pipelines, extends the footprint of the Atlantis field discovered in 1998.
bp delivered the Atlantis Drill Center 1 expansion project two months ahead of its original schedule by utilizing existing subsea inventory, drilling and completing wells more efficiently, and streamlining offshore execution planning. This is bp’s fifth major startup that has been delivered ahead of schedule this year.
“Atlantis Drill Center 1 caps off an excellent year of seven major project start-ups for bp. This project supports our plans to safely grow our upstream business, which includes increasing US production to around 1 million barrels of oil equivalent per day by 2030.
“This latest success demonstrates the dedication of our US project team and our teams around the world, who are delivering new barrels at pace and with lower production costs, in service of growing long-term value for shareholders" said Gordon Birrell, bp’s executive vice president of production and operations.
The Atlantis Drill Center 1 expansion is the second in a series of new projects bp is planning in the US Gulf of America between now and the end of the decade that are expected to enable bp to boost its capacity to produce more than 400,000 boe/d from the US offshore region by 2030.
In August 2025, bp started up the Argos Southwest Extension project, a three-well subsea tieback that is adding 20,000 boe/d barrels a day of gross peak annualized average oil production to our Argos platform. In 2027, bp plans to deliver Atlantis Major Facility Expansion, which will further increase production from the Atlantis field using existing infrastructure.
“This expansion at Atlantis is further testament to the benefits of maximizing production from our existing platforms in the Gulf of America, growing bp’s US offshore energy production safely and efficiently.
“We are committed to investing in America as we firmly believe this region will continue to play a critical role in delivering secure and reliable energy to the world today and tomorrow,” said Andy Krieger, bp’s senior vice president for the Gulf of America and Canada.
In addition to the Atlantis Drill Center 1 expansion project, bp started up major projects this year in Trinidad and Tobago (2), the UK North Sea, Egypt, Mauritania and Senegal, as well as Argos Southwest Expansion in the Gulf of America – contributing to its plan to deliver 10 major project startups globally by 2027.
bp is Atlantis’ operator with 56% working interest. The co-owner is Woodside Energy (44% working interest).
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Notes- bp is a leading producer in the deepwater Gulf of America, operating five production platforms: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. bp also holds interests in four non-operated hubs: Great White, Mars, Olympus and Ursa.
- bp is building capacity to produce more than 400,000 boe/d from the Gulf of America by 2030, with major projects already underway.
- The Atlantis field, discovered in 1998, has been in production for nearly 20 years.
- The Atlantis platform is bp’s deepest moored floating platform in the Gulf of America. It operates in 7,074 feet of water (roughly 5 times the height of New York’s Empire State Building) about 150 miles south of New Orleans.
In order to utilize the ‘safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995 (the ‘PSLRA’), bp is providing the following cautionary statement. This press release contains certain forecasts, projections and other forward-looking statements – that is, statements related to future, not past, events and circumstances which may relate to one or more of the financial condition, results of operations and businesses of bp and certain of the plans and objectives of bp with respect to these items. These statements are generally, but not always, identified by the use of words such as ‘will’, ‘expects’, ‘is expected to’, ‘aims’, ‘should’, ‘may’, ‘objective’, ‘is likely to’, ‘intends’, ‘believes’, ‘anticipates’, ‘plans’, ‘we see’ or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will or may occur in the future and are outside the control of bp. Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under ‘Risk factors’.
Our most recent Annual Report and Form 20-F is available on our website at www.bp.com, or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.
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