The acquired acreage is located north of LLOG’s Blacktip and Blacktip North deep-water discoveries. Credit: Lukasz Z/Shutterstock.

LLOG Exploration, a privately-owned exploration and production company, has expanded its presence in the Gulf of Mexico (GOM) through the acquisition of 41 deep-water blocks.  

The financial terms of the transaction were not disclosed.  

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This move grants the company sole ownership and operational control over an area covering approximately 236,000 acres in the East Breaks and Alaminos Canyon regions. 

The acquired acreage is located north of LLOG’s Blacktip and Blacktip North deep-water discoveries, specifically in Alaminos Canyon blocks 335, 336, 337, 380, 381 and 424.  

Following a successful sidetrack operation at the Blacktip discovery in the third quarter (Q3) of 2023, LLOG is gearing up to drill an appraisal well at Blacktip North in Q3 2024.  

This appraisal is a critical step in assessing the potential of the discovery and planning future development. 

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LLOG COO Eric Zimmermann said: “We are excited to add this significant additional acreage, with 100% working interest, as part of our ongoing lease acquisition strategy. We believe that the acquired acreage is complementary to our existing portfolio and meaningfully extends our position in the western GOM.  

“This acreage is near our Blacktip discovery and fits well with our regional development potential, which we are actively progressing. We are in various stages of development for multiple projects and we remain focused on executing our strategy of developing deep-water GOM projects in our core areas.” 

Recently, a joint venture (JV) comprising LLOG, Karoon Energy and Westlawn approved the drilling of two new exploration wells in the Who Dat field, located in the Gulf of Mexico.  

The Who Dat field operates in waters approximately 2,625ft deep off the coast of Louisiana. 

The JV is set to drill the Who Dat East appraisal and exploration well, along with the Who Dat South exploration well.