Miocene

Industry Briefs

An exploration well in the Gulf of Mexico (GOM) at the Vito prospect in Mississippi Canyon Block 984 has encountered more than 250 net feet of oil pay in subsalt Miocene sands, Anadarko Petroleum Corp., the well operator, reported. Anadarko has a 20% stake in the prospect; Shell Offshore Inc. holds a 55% working interest and is to become operator after the rig is released. StatoilHydro USA E&P Inc. holds the remaining 25% stake. The partners plan to evaluate the data from the Vito well and time an appraisal well, said Anadarko’s Bob Daniels, senior vice president, Worldwide Exploration. The Vito well was drilled to a total depth of 32,000 feet in 4,038 feet of water using the Noble Amos Runner deepwater drilling rig. Once operations are complete at Vito, Anadarko plans to move the rig to continue drilling operations at its operated Caesar/Tonga development in the Green Canyon area.

July 30, 2009

Industry Brief

Greka Energy Corp., an international vertically integrated oil and gas producer, has completed a Miocene test of its Haspel & Davis #1 well in the Potash Field in Plaquemines Parish, LA to a total depth of 10,604 feet. The well, which was directionally drilled underneath a large salt overhang in inland waters, is expected to have initial production rates of 3 MMcf/d and 350 bbl/d by early September. Greka said the well has the potential to add up to $6.5 million in annual revenue within its Americas division; the company reported $8.5 million in worldwide revenue for the first six months of 2001. More than 360 feet of productive pay zones were encountered, of which almost 160 feet is expected to be gas and 200 feet to be oil.

August 24, 2001