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Providence's Galveston field brought online

Exploration company Providence Resources says its new Galveston Island A-155 gas field in the Gulf of Mexico has been successfully brought online. It said that first gas sales occurred on Friday August 28.

The new field, which is located about 100km off the US coast, underwent a fast-track development with first gas reached within 17 months of discovery. Providence has a non-operated 10.8% working interest in the field.

'Whilst the 2008 hurricane season severely impacted operations in the Gulf of Mexico, we are pleased to confirm that commencement of production from Galveston Island has been achieved within 17 months of discovery,' commented Tony O'Reilly, Providence CEO.

He added that the development is in line with the company's stated objective of growing its production in the US Gulf of Mexico.