Project Profile
Location: Keathley Canyon block 102 of the US sector of the Gulf of Mexico, USA
Oil reserves: 4 to 6 billion barrels
Start-up Year: -
Water depth: 400-1,500 m
The Tiber Oil Field is a deepwater offshore oil field located in the Keathley Canyon block 102 of the United States sector of the Gulf of Mexico. The deepwater field was discovered in September 2009 and it is operated by BP. It is estimated to contain 4 to 6 billion barrels (640×106 to 950×106 m3) of oil in place. It required the drilling of a 10,685 m deep well under 1,260 m of water, making it one of the deepest wells ever drilled at the time of discovery. Following the April 2010 destruction of the Deepwater Horizon while drilling the Macondo well, and the resulting oil spill, all appraisal activities at 33 wells under exploration in the Gulf of Mexico, including Tiber, were placed on hold. At least two rigs that might otherwise have been used for developing Tiber are also in use on the relief wells for the ruptured well.
Operator:
BP: Operator with 31% interest
Chevron: 31% interest
Petrobras: 20% interest
ConocoPhillips: 18% interest
Contractor:
Seadrill: Drilling using West Sirius drilling rig