Stay Connected

Noble Energy takes interest in deepwater GoM tracts

Offshore staff

HOUSTON – Noble Energy Inc. (NYSE: NBL) has agreed with BP Exploration & Production Inc. to acquire 50% of BP's interest in 17 deepwater exploration leases in the Atwater Valley protraction area of the Gulf of Mexico. 

As part of the transaction, Noble Energy is participating with a 50% working interest in the Bright prospect, which is currently drilling on Atwater Valley block 362 in a water depth of approximately 5,600 ft (1,707 m).  The initial well, targets multiple Upper and Middle Miocene reservoirs, is anticipated to reach a TD of 13,500 ft (4, 115 m). 

“We have multiple opportunities for substantial hydrocarbon discovery in the near-term, with the Katmai prospect results expected by our second quarter earnings call and the Bright prospect anticipated to be at total depth by the end of the third quarter,” said Susan M. Cunningham, senior VP, Gulf of Mexico, West Africa, and Frontier for Noble Energy. “In addition to our exploration programs, we are also currently drilling a second well at Dantzler as we progress multiple major projects toward first production.”

6/17/14

Related Articles

Azimuth, Mitra to explore frontier basin offshore Vietnam

Aug 25, 2014

AziPac subsidiary Azimuth Vietnam has agreed to farm into a production-sharing contract for block 127 offshore southeast Vietnam.

Atlantic strengthens offshore Norway ties with Repsol

Aug 25, 2014

Atlantic has agreed to farm out 6% of its 15% stake in Norwegian Sea license PL528/528B to Repsol.

Western GoM lease sale attracts $110 million in high bids

Aug 22, 2014

Western Gulf of Mexico Lease Sale 238 attracted $110 million in high bids on Aug. 20 for 81 tracts covering 433,823 acres on the US outer continental shelf.

Shell strengthens Western Gulf of Mexico position through Lease Sale 238 win

Aug 20, 2014 Shell says it continues to build on its position in the Perdido fold belt by adding a block in the Western Gulf of Mexico region through the US Bureau of Ocean Energy Management’s Lease Sale 238.&n...

Western Gulf of Mexico lease sale high bids total more than $109 million

Aug 20, 2014 Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US outer continental shelf. A total of 14 offshore oil and gas companie...

Trending News

Caterpillar launches new FPSO power generation module

Sep 17, 2014

Caterpillar Oil & Gas is launching the Cat Offshore Power Generation Module, a new modular solution for FPSO and offshore platform main power, at the 2014 Rio Oil & Gas Expo and Conference in Rio de Janeiro.

Eni reports new oil discovery offshore Angola

Sep 17, 2014

Eni has made a new oil discovery in block 15/06, in the Ochigufu exploration prospect, in deep water offshore Angola. Oghigufu is the 10th commercial oil discovery made in block 15/06. The new discovery is estimated to contain 300 MMbbl of oil in place.

AGR to provide well intelligence software to Lundin Norway AS

Sep 17, 2014

AGR reports that its Software Solutions division has signed a contract with Lundin Norway AS. The two-year deal includes AGR’s latest software offering, iQx, which is designed to simplify the planning and execution of wells, as well as maintenance and support services.

Hydramec chooses Scantrol LARS system for ROV

Sep 17, 2014

Scantrol has delivered an active heave compensation (AHC) package for a launch and recovery system (LARS) to serve an observation ROV. The LARS is designed by Hydramec.

 

iSURVEY awarded two-year contract with Island Offshore

Sep 17, 2014

iSURVEY has been awarded a two-year contract with offshore vessel owner, Island Offshore Management. iSURVEY will provide positioning services to Island Offshore as part of a call-off arrangement.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>