Mad Dog well proves oil, continues field's phased development

An appraisal well in a previously untested southern segment of the Mad Dog field in the Gulf of Mexico has proved oil, according to BP.

Offshore staff

HOUSTON -- An appraisal well in a previously untested southern segment of the Mad Dog field in the Gulf of Mexico has proved oil, according to BP. The 826-5 well encountered about 280 net ft (85 m) of hydrocarbons in the objective Miocene hydrocarbon-bearing sands and discovered an oil column of more than 2,200 ft (670 m), the company reports.

The results from the well continue the phased development of the Mad Dog field, the company says.

“With these additional hydrocarbon resources in the west and south of the field, Mad Dog has been firmly established as the third giant field in BP’s Gulf of Mexico portfolio, joining Thunder Horse and Atlantis,” says Andy Inglis, BP’s CEO for exploration and production. “Due to the materiality of these recent finds, we are reviewing development options to increase production from Mad Dog either through debottlenecking the existing facility or by adding another production facility.”

07/17/2009

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