Petsec to spud well in Main Pass

Petsec Energy is mobilizing jackup Hercules 204 to drill a well in Gulf of Mexico Main Pass block 204.

Offshore staff


LAFAYETTE, Louisiana -- Petsec Energy is mobilizing jackup Hercules 204 to drill a well in Gulf of Mexico Main Pass block 204. The 60-day well is expected to spud within the next three weeks.

Main Pass block 20 well No. 4 will be drilled in 11 m (35 ft) water depth to 4,025 m (13,200 ft) TD. It is targeting natural gas and oil potential in Upper Miocene Bigenerina Humblei sandstone reservoirs. According to Petsec, the objective section is characterized by a lens-shaped, high amplitude seismic anomaly of up to 150 m (500 ft) thick, which the company says it identified from its reprocessed 3D seismic database.

Pending the well results, Petsec says it could be tied back to a nearby company-operated platform.

This is the first well in Petsec’s 2010 drilling program in the GoM, and the first well drilled by the company in almost two years. Petsec says it was waiting for the return of a more reasonable cost regime.

4/8/2010

More in Drilling & Completion