Both discoveries are near the company’s Ram Powell platform, where future production will flow via subsea tiebacks.
The Lime Rock prospect was acquired in Lease Sale 256 in November of 2020.
The new discoveries will help sustain production at Ram Powell, an early tension leg platform that has produced more than 250 million boe.
Ram Powell was the deepest production facility in the world (water depth of 3216′) when it was installed by Shell in 1997.
Access to nearby resources through regular lease sales facilitates continued production from existing platforms, reducing costs and environmental impacts.
Bud's Offshore Energy (BOE) 