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

DeepOcean UK completes Chinese subsea piping project

Oct 14, 2014 DeepOcean UK has completed work on a Chinese oil and gas project. The work was DeepOcean’s longest pipeline trenching order to date – at 174 km (108 mi) – when it was secured on behalf of China Off...

Statoil makes seventh discovery offshore Tanzania

Oct 14, 2014

Statoil and co-venturer Exxon Mobil have reported that the Giligiliani-1 exploration well offshore Tanzania is a new natural gas discovery.

GE, Waypoint make separate agreements for helicopter services

Oct 14, 2014

A GE unit and Waypoint Leasing have both secured new deals regarding helicopter services that will benefit the offshore industry.

Mozambique to hold new licensing round for exploration blocks

Oct 13, 2014 Mozambique, through its regulatory agency, the Institute of National Petroleum, has stated that a competitive bidding round for the exploration of 15 blocks with hydrocarbon potential in the offsho...

Eni signs two PSCs for offshore Vietnam exploration

Oct 13, 2014

Eni has signed two production sharing contracts with PetroVietnam for the exploration of blocks 116 and 124, located off the coast of Vietnam.

 

Trending News

Offshore Photo of the Day

UK offshore confidence takes a hit, survey suggests

Oct 31, 2014

Oil & Gas UK’s latest Business Sentiment Index suggests growing concerns over rising UK North Sea costs, reduced drilling activity and the falling oil price.

Domestic issues delay closure of offshore Tunisia farm-out

Oct 31, 2014

PA Resources (PAR) says it remains in discussions with the Tunisian government about a proposed offshore farm-out to EnQuest.

More South Pars platforms near start-up offshore Iran

Oct 31, 2014

Gas injected into Iran’s national grid is set to increase as two new platforms come onstream this winter at the South Pars Phase 12 development in the Persian Gulf.

BMT to monitor Egina risers offshore Nigeria

Oct 31, 2014

Saipem has contracted BMT Scientific Marine Services to supply the riser integrity monitoring systems for Total’s deepwater Egina development, 150 km (93 mi) offshore Nigeria. 

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>