Home About Operations Responsibility News Contact Operations Performance LLOG is a leader in project execution. We have a decades-long track record of bringing development projects to production with outstanding efficiency, cost performance and safety metrics. Most importantly, we are proudest of our commitment to safe operations. Our competitive advantage Standardization Utilize similar equipment and procedures across multiple projects Safer operations in the field Continual improvement of procedures and equipment Vendor relationships Establish valuable alliances with key vendors Maintain strategic relationships with private equity, banks, midstream and producing partners Rigorous safety and performance standards upheld by vendors Autonomy Operate 90% of company-owned reserves Performance beyond what is required under contract Quicker decision making and implementation Industry benchmarking LLOG has an outstanding track record of bringing development projects to production in less time than our industry peers. Subsea tiebacks Average cycle time: discovery to first production LLOG: 1.6 years Industry: 4.3 years Source: OWL Floating production systems Average cycle time: discovery to first production LLOG: 3.5 years Industry: 8.3 years Source: OWL Wilcox development wells Drilling days: spud to total depth LLOG: 39 days Industry: 136 days Source: OWL Buckskin CAPEX reduction Gross CAPEX to initial production ($MM) LLOG: 562 | Actual LLOG: 697 | Project sanction Jan 2017 Previous operator: 2,250 May 2016 Award winning performance Safe Operations & Accurate Reporting (SOAR) 2008 2008: Operational excellence LLOG was awarded Safe Operations and Accurate Reporting (SOAR) award by the Minerals Management Service, which has since been split into ONRR, BOEM and BSEE as of 2010. The award honored outstanding achievements in both offshore operating performance and fiscal responsibility. LLOG was the last recipient of this award. Offshore Magazine "Top 5 Projects" 2011 2011: Who Dat Offshore Magazine's annual "Top Five Projects" evaluates offshore projects worldwide to name the five best. Selection criteria includes innovation of production methods, application of technology, resolution of challenges, safety and environmental protection, and project execution. Offshore Magazine "Top 5 Projects" 2015 2015: Delta House Offshore Magazine's annual "Top Five Projects" evaluates offshore projects worldwide to name the five best. Selection criteria includes innovation of production methods, application of technology, resolution of challenges, safety and environmental protection, and project execution. OTC Distinguished Achievement Award 2017 2017: Delta House The OTC Distinguished Achievement award considers major technological, humanitarian, environmental, and leadership contributions to the offshore energy industry. LLOG was named a recipient in 2017 for our “industry leading” work on the Delta House project. This prestigious award is arguably one of the industry’s highest honors. Offshore Magazine Top 5 Projects" 2019 2019: Buckskin Offshore Magazine's annual "Top Five Projects" evaluates offshore projects worldwide to name the five best. Selection criteria includes innovation of production methods, application of technology, resolution of challenges, safety and environmental protection, and project execution. Portfolio Who Dat FPS LLOG has operated the Who Dat Floating Production System (FPS) since 2011. The FPS is installed in Mississippi Canyon 547 at a water depth of 3,100 feet. The Who Dat field was discovered in December 2007, and initial production was established within four years. The field has achieved cumulative production of over 100 million barrels of oil equivalent. Gross production is currently 25,000 barrels of oil and 96 million cubic feet of natural gas per day. The platform has maintained a 96% uptime since first production in 2011. Who Dat was the first platform in the Gulf of Mexico to be owned by a privately held company. Publications Home About Operations Responsibility News Contact 985-801-4300 | Covington 281-752-1100 | Houston © 2020 All rights Reserved.