Petsec Energy Ltd. announced its fourth commercial gas discovery from the last well in its four-well drilling program on the company's Main Pass block 18 and 19 leases in the Gulf of Mexico.
Offshore staff
(US, GoM) - Petsec Energy Ltd. announced its fourth commercial gas discovery from the last well in its four-well drilling program on the company's Main Pass block 18 and 19 leases in the Gulf of Mexico. The successful fourth well also intersected two oil-bearing sands, which Petsec says appear to be commercial.
"All four wells drilled in this current program have been successful and have met the pre-drill mapped potential of 15 to 18 Bcfe of gas net to Petsec Energy," says Terry Fern, the company's executive chairman. "The four discovery wells will now be completed for production and are expected to be online within two months."
"Oil samples and pressure data will be taken from its latest discovery well, Main Pass 18 G-6, prior to release of the drilling rig to allow further evaluation, and review of these results should be concluded within three to four weeks." The discovery well was drilled from Petsec's Main Pass 19 platform.