Newfield makes two deepwater discoveries

Offshore staff

HOUSTON -- Newfield Exploration has hit pay with the Pyrenees and Winter wells in the Gulf of Mexico.

The Newfield-operated Pyrenees discovery, in approximately 2,100 ft (640 m) of water in Garden Banks block 293, encountered approximately 125 ft (38 m) of net hydrocarbon pay in three separate intervals. The well was temporarily abandoned and the partners are working on field development plans. Delineation drilling is planned for the second half of the year.

The Newfield-operated Winter discovery, in approximately 3,400 ft (1,036 m) of water in Garden Banks block 605, encountered approximately 44 ft (13 m) of net hydrocarbon pay in two sands. The well was temporarily abandoned and various development options are under consideration, the company says.

06/02/2009