First oil flowed Monday at Anadarako Petroleum’s deepwater Lucius oil and gas field in the U.S. Gulf of Mexico.
Lucius is located 236 miles southwest of Port Fourchon, Louisiana in water depths of 7,086 feet.
The field holds estimated reserves of over 300 million barrels of oil equivalent and includes portions of Keathley Canyon blocks 874, 875, 918 and 919.
Oil and natural gas produced at the field will be processed at a floating facility with a capacity of 80,000 barrels of oil per day and 450 million standard cubic feet of natural gas per day.
Production will then be transported to an onshore facility in Louisiana through a sub-sea pipeline.
Houston-based Anadarko holds a 27.8 percent operating stake in the field.
Houston-based Plains Exploration & Production PEP holds a 23.33 percent stake, ExxonMobil holds a 15 percent stake, Brazil’s Petrobras holds a 11.7 percent stake, Japan-based Inpex holds a 7.2 percent stake and Italy’s Eni holds a 5.4 percent stake.