Anadarko in Gulf of Mexico discovery
Posted: 4 December 2007
Anadarko Petroleum Corporation today reported an oil discovery at its West Tonga prospect on Green Canyon block 726 in the deepwater Gulf of Mexico.
The discovery well, located in approximately 4,700 feet of water, was drilled to a total depth of 25,680 feet and encountered over 350 feet of net oil pay in three high-quality subsalt Miocene sands.
Anadarko operates West Tonga with a 37.5 per cent working interest. Partners in the discovery include StatoilHydro with a 25 per cent working interest, Chevron with a 20.5 per cent working interest and Shell with a 17 per cent working interest.
"The West Tonga discovery continues the success of our deepwater Gulf of Mexico exploration program and further illustrates the value of our extensive hub-and-spoke infrastructure," said Bob Daniels, Anadarko Sr. Vice President, Worldwide Exploration.
"West Tonga is indicative of our exploration program in the deepwater Gulf, which focuses on prospects in the Miocene and Lower Tertiary plays that have estimated recoverable resources of more than 100 million barrels of oil equivalent.
"Coupled with the Caesar discovery (Anadarko 20 per cent, Shell 62.5 per cent and StatoilHydro 17.5 per cent), West Tonga gives Anadarko and our partners two significant fields that potentially could be tied back to the Constitution spar.
"Through discoveries like West Tonga, we continue to accelerate value for our stakeholders from the deepwater Gulf of Mexico. Anadarko has an industry-leading deepwater rig position, proven exploration expertise, an extensive leasehold position, and more than 150 identified exploration opportunities in the deepwater Gulf," said Daniels.
Anadarko also is drilling both the Atlas prospect located on Walker Ridge block 155, and the Terrebonne prospect located on Green Canyon block 452.
Atlas is a 30,000-foot lower Miocene test, operated by Anadarko with a 68 per cent working interest. Repsol E&P USA Inc. has a 20 per cent working interest and Ridgewood Energy Corporation holds a 12 per cent working interest.
Terrebonne, which is operated by Woodside Energy (USA) Inc., is a 26,000-foot upper Miocene test. Anadarko has a 33.33 per cent working interest in Terrebonne.
Plains Exploration & Production Company holds a 25 per cent working interest.
Posted by Richard Price, Editor, EnergyME.com
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