Australian oil and gas company Woodside Energy announced that its Shenzi North project has commenced production in the deepwater US Gulf of Mexico.
Discovered in 2002, the Shenzi platform achieved its first production in 2009 and produces both oil and gas with a production capacity of 100,000bbl/d and 50MMscf/d.
Global production of oil in 2022 was roughly 93,800 thousand bbl/d (i.e 93.8 million bbl/d, making this sole project capable of 0.1% of global daily oil production).