Buckskin prospect gets U.S. deepwater drilling permit

Maersk Oil is participating in a new deepwater well in the U.S. Gulf of Mexico after Chevron received a drilling permit from the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE).

Offshore staff

HOUSTON -- Maersk Oil is participating in a new deepwater well in the U.S. Gulf of Mexico after Chevron received a drilling permit from the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE).

The permit marks the restart of the drilling campaigns Maersk Oil has been a part of in the U.S. GoM after deepwater activities were suspended last year as a consequence of theDeepwater Horizon accident.

The Buckskin appraisal well is located in the Keathley Canyon in Block 785, offshore Louisiana, at water depth of 6,540 ft (1,993 m). It is being drilled 8 km (5 mi) from the discovery well that encountered oil in 2008. Drilling began on May 16, and the planned total depth is 29,400 ft (8,961 m). Drilling will last about 136 days.

Chevron is operator of Buckskin, holding a 55% interest with co-owners Maersk Oil (20%), Repsol (12.5%) and Samson (12.5%).

05/26/2011

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