El Paso Installs Prince TLP In The Gulf Of Mexico

El Paso Energy Partners, L.P. has successfully completed installation of the Prince Tension Leg Platform (TLP) facility in Ewing Bank Block 1003. The platform was installed in 1,450 feet of water approximately 120 miles south of New Orleans, Louisiana. The platform will serve as a future destination for oil and gas developments in the Ewing Bank and Green Canyon areas of the Gulf of Mexico.

The Prince TLP platform consists of two primary segments -- the hull and the deck. The platform includes the first mini TLP hull constructed to support producing well heads or "dry trees" and has a displacement of 14,400 tons, a hull weight of 3,500 tons, and a payload of 6,000 tons.

The deck and facilities include a three-level, 50,000-square-foot deck with a capacity of 50,000 barrels of oil per day and 80 million cubic feet of natural gas per day, as well as the capacity to accommodate a 1,200-horsepower workover or completion rig and the future addition of numerous sub-sea well tie-backs.

The design of the Prince TLP features a passive spring tensioner rather than a conventional hydraulic system to support the dry trees. This feature is among the many firsts for facilities suitable for development of small to midsize fields. Initial production from the Prince field is expected later this quarter, and the produced oil will be transported to EPN's 36-percent owned Poseidon Oil Pipeline system.