SS208 - Cox

Location

The SS208 - Cox Oil and Gas Asset is situated in the federal offshore waters of the United States, with precise coordinates of 28.5243, -90.9047 (WGS 84).

Operator and Owner

The project is operated by Cox Operating LLC. However, the specific owner of the asset is not detailed in the available sources.

History

• Discovery Year: The asset was discovered in 1960.
• Production Start Year: The exact year when production started is not specified, but it has been in operation for several decades.

Production and Reserves

• Cumulative Production:
  • As of 2019, the cumulative production of oil was 227.7 million barrels, and for gas, it was 39,714 million cubic meters.
• Annual Production:
  • In 2020, the annual production was 0.42 million barrels of oil and 18.11 million cubic meters of gas per year.
  • In 2022, the annual production increased to 0.44 million barrels of oil and 21.49 million cubic meters of gas per year.
• Remaining Reserves:
  • As of 2019, the remaining reserves were 4.9 million barrels of oil and 900.47 million cubic meters of gas.

Infrastructure and Assets

• The project involves a significant number of wells and fields. Although the specific details for SS208 are not fully elaborated, it is part of a broader portfolio of Cox's offshore assets, which include more than 600 wells in 66 fields.

Carbon Capture and Storage (CCS) Project

• The SS208 - Cox Oil and Gas Asset is being repurposed as part of a larger CCS project known as the Louisiana Offshore CO₂ Hub Repurposing Infrastructure to Decrease Greenhouse Emissions (Project Lochridge). This project, supported by the US Department of Energy, aims to capture and store up to 300 million tonnes of CO₂. The project involves repurposing existing offshore assets, including pipelines and wells, to support CCS operations.

Collaborations and Funding

• The CCS project is a collaborative effort involving Repsol SA, Crescent Midstream LLC, Cox Operating LLC, and Carbon Zero US LLC. Additional support comes from Crescent Resource Innovation, the Southern States Energy Board (SSEB), Louisiana State University, and Southern University at Shreveport. The project has received $8.4 million in funding from the DOE, with additional funding from non-DOE sources.