Dec 03 - Callon Petroleum Company announces production has commenced at Habanero

Source Press Release
Company Callon Petroleum 
Tags Upstream Activities
Date December 17, 2003

Callon Petroleum Company announced production commenced from its Habanero discovery, located in the deepwater region of the Gulf of Mexico, on November 29, 2003.

Habanero is located in Garden Banks Block 341 about 200 miles southeast of New Orleans in approximately 2,015 feet of water. A sub-sea development, it ties back approximately 11.5 miles to Shell’s Auger tension leg platform, making this the fourth sub-sea development to tie back to the Auger hub. Peak production for Habanero is expected to exceed 20,000 barrels of oil and 70 million cubic feet of gas per day by the end of first quarter, 2004.

Callon owns an 11.25% working interest. Shell Exploration & Production Company, the operator and a subsidiary of Royal Dutch/Shell Group, owns 55%, and Murphy Oil Corporation owns the remaining 33.75%.

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