Tag: Magnolia Field
Record-depth TLP
Dril-Quip Inc. has won a USD 24 million contract from Conoco to provide eight Production Riser Systems for the Conoco-operated Magnolia Field Tension Leg Platform (TLP) which will be installed in approximately 4700 feet of water in the Gulf of Mexico, a record depth for this type of floating structure.
Conoco proceeds with Magnolia development
Conoco Inc. will proceed with development of the Magnolia Field in the Gulf of Mexico at an estimated cost of USD 600 million.