On April 23, 2013, ATP Oil & Gas Corporation (“ATP”) received notification of a Suspension of Operations (“SOO”) and a Suspension of Production (“SOP”) from the Bureau of Safety and Environmental Enforcement (“BSEE”), with respect to Lease OCS-G 14016, Mississippi Canyon (MC) Block 711, also known as “Gomez.” BSEE issued the SOO and SOP to enforce an order of the Bureau of Ocean Energy Management (“BOEM”) dated December 20, 2012, and amended January 18, 2013 (the “Order”), requiring ATP to provide certain supplemental bonding. As a result of the SOO and SOP, production and any other leaseholding operations on Gomez will be suspended beginning April 30, 2013 and lasting until BSEE notifies ATP that ATP has addressed in a manner acceptable to BOEM all obligations in the Order. ATP estimates that the production impact of the shut-in will be approximately 3,200 Bbl/d gross (approximately 90% oil). ATP is currently working with royalty and interest holders and infrastructure owners of Gomez to develop a plan that would enable BSEE to allow ATP to continue production. At this time, ATP has received no indication from BSEE or BOEM regarding the shut-in of any of its other properties.
The foregoing is a summary of the shut-in notification received by ATP and is qualified by reference to the full text of the notification, a copy of which is attached to this Current Report on
Didn't ATPG already shyt-in Gomez? |
