Spinnaker updates Mississippi Canyon block 496

Spinnaker Exploration Co. said its Zia project in Mississippi Canyon block 496 has returned to production and is producing 6,000 boe/d from the AA1B reservoir.

Spinnaker Exploration Co. said its Zia project in Mississippi Canyon block 496 has returned to production and is producing 6,000 boe/d from the AA1B reservoir.

The company considers reservoir performance to be good. Additional mechanical work is anticipated to replace the existing subsea choke, and that work could require up to one week of downtime this year. Some additional ramp-up in producing rate is possible following replacement of the choke. It is anticipated that the well in its current configuration will deplete the AA1B reservoir.

09/11/03

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