Maersk Oil has one interest in the US, a 25% non-operated share in the Jack deepwater development. Production began in December 2014, representing Maersk Oil’s first production from the US and its first deepwater production.
The Chevron operated Jack field began producing in December 2014, and was delivered on time and on budget. Jack generates around 9,000 boepd net to Maersk Oil.
The Jack field is located in approximately 7,000 feet (2,100 m) of water in the Walker Ridge area, approximately 280 miles (450 km) south of New Orleans, Louisiana. The field was co-developed with the St. Malo gas field, 25 miles away. The subsea completions for both developments flow back to a single host, semi-submersible floating production unit located between the fields. The facility is the largest of its kind in the Gulf of Mexico and has a production capacity of 170,000 barrels of oil and 42 million cubic feet of natural gas per day, with the potential for future expansion. Maersk Oil has a 5% stake in the host facility.
Maersk Oil’s non-operated investments in the US are managed from the Copenhagen Headquarters in Denmark.