Pioneer announces deepwater Gulf of Mexico discovery

Feb. 4, 2003
Pioneer Natural Resources Co. has made a discovery on its Harrier prospect near the Falcon field in the deepwater Gulf of Mexico. The well was drilled to 9,510 ft TD and encountered 350 ft of gas bearing sand in a single zone. Pioneer operates the East Breaks 759 block with a 75% working interest.

Pioneer Natural Resources Co. has made a discovery on its Harrier prospect near the Falcon field in the deepwater Gulf of Mexico. The well was drilled to 9,510 ft TD and encountered 350 ft of gas bearing sand in a single zone. Pioneer operates the East Breaks 759 block with a 75% working interest.

Pioneer plans to develop the field as a single-well subsea tieback to its Falcon field and expects first production in nine to 15 months. The pipeline connecting the Falcon field to the Falcon Nest platform on the Gulf of Mexico shelf has 175 to 200 MMcf/d working capacity. This discovery is expected to significantly extend the utilization of the Falcon facilities.

Pioneer has additional prospects on the 32 blocks it holds in the Falcon area.

02/04/03