Eugene Island 338 – Riker Development

Arena Offshore has partnered with Chevron to redevelop a large oilfield in the Eugene Island area where several platforms were lost in hurricanes Rita and Ike. The new production/drilling platform was installed in 2012 and designed to endure 1,000-year storm conditions, well above and beyond the minimum regulatory requirements for the Gulf of Mexico. The drilling of the 20 development wells was finished by mid-2015, with the platform producing at near-capacity rates.

Additional successful development and exploratory drilling campaigns were conducted in 2018 and 2023.