Contango Oil & Gas Co. has completed and production tested its Mary Rose No.1 well in Louisiana state waters at State Lease No. 18640 at a rate of approximately 25 MMcf/d (0.7 MMcm/d) of natural gas.
Offshore staff
HOUSTON-- Contango Oil & Gas Co. has completed and production tested its Mary Rose No.1 well in Louisiana state waters at State Lease No. 18640 at a rate of approximately 25 MMcf/d (0.7 MMcm/d) of natural gas.
Contango says that the Mary Rose No.1 is expected on production in the spring of 2008 to a platform currently under construction to be set at Eugene Island 11. Platform and pipeline installation are expected to begin in Feb. 2008. The platform and pipeline have been designed with a capacity of 300 MMcf/d (8.5 MMcm/d) and 6,000 b/d of oil.
The Mary Rose No.2 well is expected to begin drilling in Dec. 2007. The plan is for both wells to flow to the Eugene Island 11 platform upon its completion.
Contango says that the Dutch No.3 well began production last week and is at a rate of approximately 23 MMcf/d (0.7 MMcm/d) of gas. Combined with Dutch No.1 and Dutch No.2 wells, total production from our three Eugene Island 10 Dutch wells is approximately 75 MMcf/d (2.1 MMcm/d). The company says that the three Dutch wells flow to a platform at Eugene Island 24, which is owned and operated by a third party. This platform is undergoing upgrades that are anticipated to to increase the production capacity available to Contango and its partners to 100 MMcf/d (2.8 MMcm/d) of gas and 2,000 b/d of oil beginning in Dec. 2007.
