Noble Energy makes new discovery in deepwater Gulf of Mexico

Noble Energy has made a new discovery at the Dantzler exploration well in the deepwater Gulf of Mexico, where wireline logging data indicate that the well has encountered over 120 net ft (37 net m) of primarily crude oil pay in two high-quality Miocene reservoirs.

Offshore staff

HOUSTON –Noble Energy has made a new discovery at the Dantzler exploration well in the deepwater Gulf of Mexico, where wireline logging data indicate that the well has encountered over 120 net ft (37 net m) of primarily crude oil pay in two high-quality Miocene reservoirs. The Dantzler well represents the company’s third consecutive exploration discovery in the Miocene trend of the Gulf of Mexico.

The discovery well, located in Mississippi Canyon 782, was drilled to TD of 19,234 ft (5,863 m) in 6,580 ft (2,006 m) of water. Dantzler is located 12 mi (19 km) west of the company's Rio Grande development, which includes discoveries atBig Bend and Troubadour. Discovered gross resources at Dantzler are now estimated at 55 to 95 MMboe.

Noble Energy operates Dantzler with a 45% participating interest. Additional interest owners are entities managed by Ridgewood Energy Corp. (including Riverstone Holdings LLC and its portfolio company ILX Holdings II LLC) with 35%, and W&T Energy VI LLC (a wholly owned subsidiary of W&T Offshore Inc.) with 20%.

In the deepwater Gulf of Mexico, Noble reports that it anticipates drilling at least two additional Miocene trend prospects in 2014.

12/04/2013

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