Tiber-Guadalupe project, US
Name of the Project
Tiber-Guadalupe project.
Location
Tiber and Guadalupe are in the Keathley Canyon area, about 482 km south-west of New Orleans, in the US.
Project Owner/s
British multinational oil and gas company bp.
Project Description
Tiber-Guadalupe will be bp’s second development in the Gulf of America to produce from reservoirs using technology that can safely manage pressures of up to 20 000 pounds per square inch.
The fields are estimated to have recoverable resources of about 350-million barrels of oil equivalent from the initial phase.
The project includes six wells in the Tiber field and a two-well tieback from the Guadalupe field. Additional wells could be drilled in future phases, subject to further evaluation.
The platform will a have production capacity of 80 000 bbl/d of oil.
Potential Job Creation
Not stated.
Capital Expenditure
$5-billion.
Planned Start/End Date
bp reached a final investment decision on the project in September 2025. The platform is expected to start production in 2030.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Not disclosed.
Contact Details for Project Information
bp press office, email uspress@bp.com or bppress@bp.com.
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