Murphy plugs Thunder Ridge exploration well

Murphy Oil Corp. has temporarily plugged and abandoned its Thunder Ridge exploration well in Mississippi Canyon block 737.

Offshore staff

EL DORADO, Arkansas -- Murphy Oil Corp. has temporarily plugged and abandoned its Thunder Ridge exploration well in Mississippi Canyon block 737.

According to Murphy, the primary objectives found wet sands, with a secondary shallower objective encountering a small oil accumulation. The exploration well and subsequent sidetrack were drilled in over 1,859 m (6,100 ft) of water.

Post-drilling analysis will continue to determine if the resource found can be commercially viable as a tie-back to another facility, says Murphy. Thunder Ridge is close to the company's Thunder Hawk development that will include a stand-alone semisubmersible floating production unit.

Murphy owns a 37.5% working interest in the field and serves as operator. Partners are Dominion E&P Inc., 25%; Hydro Gulf of Mexico LLC, 25%; and Marubeni Offshore Production (USA) Inc., 12.5%.

12/04/06

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