bp Boosts Offshore Portfolio with Early Startup of Atlantis Drill Center 1

SEATTLE (Oil Monster): bp has achieved another major milestone in its U.S. offshore portfolio with the successful startup of the Atlantis Drill Center 1 expansion in the Gulf of America. The latest phase of development marks bp’s seventh upstream project startup this year, reinforcing the company’s momentum in advancing large-scale energy projects.

The new expansion is projected to contribute 15,000 barrels of oil equivalent per day (boe/d) at peak annualized rates to the existing Atlantis platform, which currently handles up to 200,000 barrels of oil per day. The initiative includes two additional wells linked to a subsea hub, extending the reach of the Atlantis field first identified in 1998.

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bp accelerated the project by optimizing subsea inventory, enhancing drilling efficiency, and tightening offshore planning. As a result, the expansion was delivered two months ahead of schedule, marking the fifth early startup for bp in 2025.

Gordon Birrell, bp’s executive vice president of production and operations, noted that the achievement strengthens bp’s goal of expanding U.S. production to 1 million boe/d by 2030, while supporting shareholder value through lower-cost barrels.

The company plans several additional Gulf of America developments through the decade, aiming to boost offshore capacity above 400,000 boe/d. bp holds a 56% stake in Atlantis, with Woodside Energy owning the remaining 44%.