Enterprise and Genesis have executed crude oil transportation agreements with a consortium of six Gulf of Mexico producers – Anadarko US Offshore Corporation, Apache Deepwater Development, ExxonMobil, Eni Petroleum US, Petrobras America, and Plains Offshore Operations – which will provide the necessary support for construction of a new crude oil gathering pipeline.
The pipeline will be constructed and owned by Southeast Keathley Canyon Pipeline Co. (SEKCO), a 50-50 joint venture between Enterprise and Genesis. Enterprise will serve as construction manager and operator of the new pipeline, earning fees for both services.
The SEKCO Oil Pipeline is being designed with a capacity of 115,000 bbl/d and would serve the Lucius development area in southern Keathley Canyon, which is estimated to have more than 300 MMboe with relatively shallow and highly productive reservoirs, primarily comprised of crude oil.
The pipeline would connect the Lucius-truss spar floating production platform to an existing junction platform at South Marsh Island 205 that is part of the Enterprise-operated Poseidon pipeline system.
The SEKCO Oil Pipeline is expected to begin service by mid-2014.
