BP Thunder Horse South Expansion starts up ahead of schedule and under budget

BP today announced that it has started up the Thunder Horse South Expansion project in the deepwater Gulf of Mexico 11 months ahead of schedule and $150 million under budget. The project is expected to boost production at the facility by an estimated 50,000 gross barrels of oil equivalent per day, further increasing output at one of the largest oil fields in the Gulf of Mexico. “Thunder Horse South Expansion – along with our recent approval of the $9 billion Mad Dog Phase 2 platform – demonstrates that the U.S. Gulf of Mexico remains a key part of our global portfolio today and for many years to come,” said BP chief executive executive Bob Dudley. ….