Statoil finds oil at Yeti in GoM

Statoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico

The Yeti discovery
The Yeti discovery

Offshore staff

HOUSTONStatoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico.

The Yeti discovery was made in Walker Ridge block 160, which is approximately 15 km (9 mi) south of the Big Foot field, and 11 km (7 mi) from the Cascade field.

Yeti was drilled with the Maersk Developer drilling rig, a sixth-generation semisubmersible. Statoil reports that its drilling efficiency with Yeti was among the best of any well drilled in Walker Ridge, achieving a rate of approximately 123 m (400 ft) per day.

The rig has moved to drill on Statoil’s Thorvald prospect in the Mississippi Canyon block 814.

“The Yeti discovery expands the proven subsalt Miocene play further south and west of the Big Foot field,” said Jez Averty, Statoil’s senior vice president, exploration for North America. “We are analyzing data to determine the size of the discovery in order to consider future appraisal options.”

Statoil (50%) operates Yeti. Its partners are Anadarko (37.5%) and Samson (12.5%).

04/09/2015

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