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  • Offshore Operator News

    Noble Energy, Inc. has been named operator of the Gunflint discovery in Mississippi Canyon 992 and 993 after a unitization agreement was finalized, and the company’s working interest has been revised to 26 percent. Reserve estimates at the Gunflint discovery are 70 to 500 MMBoe, and the first appraisal well is expected to spud next month.


    McMoRan Exploration Co. announced its Lafitte ultradeep prospect, located on Eugene Island Block 223 in approximately 140 ft of water, has encountered additional hydrocarbons. The well has been drilled to a TVD of 29,756 ft and has been logged to 29,740 ft. Log results indicated 56 net ft of hydrocarbon-bearing sand over a 58-ft gross interval. Jackup Rowan EXL-I is drilling the well, and it was originally spudded in October 2010.

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  • Offshore Operator News

    Noble Energy, Inc. announced a discovery at the Santiago exploration prospect in the deepwater Gulf of Mexico. The well, located in 6,500 ft of water on Mississippi Canyon 519, was drilled to TD at 18,920 ft. Open-hole logging identified about 60 ft of oil pay in a high-quality Miocene reservoir. Noble Energy is the operator at Santiago with a 23.25% working interest.

     

    ATP Oil & Gas Corporation concluded drilling on the deepwater Mississippi Canyon (MC) 941 A-2 well located at ATP’s Telemark Hub, and all pay sands encountered in the earlier MC 941 A-1 well were present, essentially confirming pre-drill estimates. The main pay sands are about 500 ft structurally higher than the MC 941 A-1 well and 1,000 ft above the original oil-water contact.

     

    Stone Energy Corporation’s board of directors has increased the company’s 2011 capex budget from $425 million to a range of $475-500 million due to a projected increase in production, oil prices, and estimated cash flow, combined with an attractive inventory of capital projects. Stone has additionally increased its 2011 production guidance from 200-220 MMcfe/d to 205-225 MMcfe/d.

     

    Williams Partners, LP has received a contract award from Hess Corporation to provide production handling ...

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  • BP Signed Agreement to Accelerate Restoration in GOM

    BP Exploration & Production, Inc. has signed an agreement with federal and state agencies to accelerate work starting this year to restore areas of the Gulf of Mexico that were affected by the Deepwater Horizon accident. The agreement commits up to $1 billion to projects that will restore injured natural resources in the Gulf at the earliest opportunity.

     

    BHP Billiton approved major projects with a total investment value of $9.8 billion, net to the company, during the first quarter of 2011. Meanwhile, the company advised the Deep Blue-1 project in Green Canyon 723, in which it holds a 31.875% interest, encountered hydrocarbons, but has been temporarily suspended. Noble Energy is the operator.

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  • Offshore Operator News

    BHP Billiton Petroleum has joined the Marine Well Containment Company, a not-for-profit organization dedicated to ensuring the ability to quickly respond to a well control incident in the deepwater Gulf of Mexico.

     

    Chevron Corporation announced that Paul V. Bennett has been named Vice-President and Treasurer, effective May 1, 2011.

     

    Noble Energy, Inc. has suspended drilling operations at the Leviathan #1 location, which was testing deeper potential in the well, offshore Israel. The company identified wear on the wellbore casing, requiring additional material and equipment necessary to complete the drilling of the well. Noble Energy is working to secure the needed items, which are not available in Israel.

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  • Offshore Driller News

    Jackup Noble Bill Jennings has arrived in Mexico from the U.S. Gulf and begun its recently awarded 286-day contract with Pemex. Work will keep the rig busy through the remainder of 2011. In addition to that rig, four additional Noble jackups currently located in the U.S. Gulf, will mobilize shortly to Mexico to begin new contracts with Pemex. Noble also reports that jackup Noble Leonard Jones, which also was awarded a contract from Pemex in recent tender 503-11, started its program, a 272-day term on March 19. The rig, which was warm stacked in Mexico, is now busy until mid-December. Finally, Noble reports that jackup Noble Sam Noble, which completed a 75-day contract extension with Pemex at the end of January, is now enroute to the U.S. Gulf. The rig should arrive this week and will be stacked in South Padre Island 1147 where the company’s other units are currently located. As was the case with the other jackups Noble moved here from Mexico, there is no intent to work the rig in the U.S. Gulf.

     

    ATP O&G has received a permit to resume drilling its ATP Titan floating production platform in Mississippi Canyon 941 #4 well, marking the ...

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  • Second Deepwater Drilling Permit Approved

    The Bureau of Ocean Energy Management, Regulation, and Enforcement has approved a second deepwater drilling permit. BHP Billiton Petroleum (GOM), Inc. received approval to return to its well in the Shenzi field in Green Canyon Block 653. The well, which lies in 4,234 feet of water, was originally spud February 16, 2010. The permit approval comes on the heels of the agency’s initial well approval for Noble Energy, Inc. on February 28, and it says further approvals will be made in the coming weeks and months.

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