Helix Production Facilities participates with the offshore oil & gas producers through negotiated contracting, infrastructure ownership, and reservoir equity interests. Our goal is to provide clients with creative and innovative offshore oil & gas development solutions which provide significant economic, schedule, and quality advantages. Our specialty and primary area of focus is Marginal Prospects. Key building blocks for development projects include:
A Full-Field Development Focus
Helix-Owned Production Infrastructure which is leased to the producer
Relatively Short Minimum Lease Terms
Bundled Marine Contracting Services
Alignment of Helix and Producer interests.
Helix Marginal Prospect Development strategies can be broken-down broadly into Area-wide or Re-Deployable.
Area-Wide — this strategy looks to build a hub facility that ties-back and processes production from multiple area prospects.
Re-Deployable — this strategy utilizes a floating production system that can produce and deplete marginal fields within a relatively short time frame (3 to 5 years) and then be moved to a new location to repeat the process.