GulfSlope spuds Canoe wildcat in the Gulf of Mexico

Aug. 13, 2018
The Rowan jackup Ralph Coffman has spudded the Canoe exploration well in the Vermilion Area, South Addition block 378 in the Gulf of Mexico for operator GulfSlope Energy Inc.

Offshore staff

HOUSTON – The Rowan jackup Ralph Coffman has spudded the Canoe exploration well in the Vermilion Area, South Addition block 378 in the Gulf of Mexico for operator GulfSlope Energy Inc.

Located in 325 ft (99 m) of water, drilling is expected to take about 15 days to reach a measured depth of 6,249 ft (1,905 m) and will test multiple above-salt Pleistocene age amplitudes that correlate to productive zones in nearby producing fields.

After Canoe, GulfSlope will mobilize theRalph Coffman to drill the initial exploration well on the Tau prospect on Ship Shoal Area, South Addition blocks 336/351. The Tau well is in 305 ft (93 m) of water and is planned to be drilled to a measured depth of 29,728 ft (9,061 m). The well will target multiple deep subsalt formations.

The Tau application for permit to drill is under review by the Bureau of Safety and Environmental Enforcement. The company anticipates receiving approval prior to spud.

GulfSlope is the operator of Canoe and Tau wells with a 20% working interest. Delek GOM Investments LLC, a subsidiary of Delek Group Ltd. will have a 75% working interest and Texas South Energy Inc. will own a 5% working interest. Under the terms of its operating agreement, GulfSlope will pay 8% of the cost to drill the exploratory wells and 20% of the costs thereafter upon commercial discovery.

08/13/2018