Timbalier

Tennessee declared a force majeure event Friday afternoon for meters on its 524C-600 Line due to a leak. The South Timbalier 54 meter offshore Louisiana was shut in for the duration of repairs, which was undetermined at that point.

Irving, TX-based Magnum Hunter Resources Inc. has completed tests results from two wells at its South Timbalier (ST) 264 platform. The ST 264 A No. 1 well was perforated from 8, 190 feet to 8,224 feet, gravel packed, and tested at rates exceeding 1,000 bbl/d and 2 MMcf/d. The well tested on a 18/64-inch choke with 3,152 psi flowing tubing pressure. The second well, ST 264 A No. 2, was completed from 8,116 feet to 8,174 feet and tested at 2.8 MMcf/d and 200 bbl/d. Flowing tubing pressure was 4,190 psi on a 10/64-inch choke. Magnum Hunter owns 100% working interest in these wells and the associated lease block. Production sales have now begun on ST 264 A No. 2 well and production sales should begin by the end of July on ST 264 A No. 1 well.

Magnum Hunter Resources Inc., headquartered in Irving, TX, as begun production from one new well drilled at South Timbalier Block 264 in the offshore Gulf of Mexico at a rate of 6.5 MMcf/d and 185 bbl/d. The well, operated by Magnum Hunter, was drilled to a depth of 7,494 feet and logged 80 feet of gross gas pay. Two other wells are in the process of being completed on the newly installed four-slot platform, and additional development is planned later this year, with a second platform also being considered. Production is connected to Magnum Hunter’s 50% owned and operated Block 265 main processing platform, which also processes gas from the company’s 50% owned Block 250. The combined gross production at this facility is now approximately 28 MMcf/d and 500 bbl/d.