Anadarko hits double pay in Gulf of Mexico

U.S.-based oil and gas company Anadarko Petroleum has made a hydrocarbon discovery in the Warrior exploration well and in the Phobos appraisal well, both located in the U.S. Gulf of Mexico. 

The oil company said on Thursday that the Warrior well, located in the Green Canyon area. encountered more than 210 net feet of oil pay in multiple high-quality Miocene-aged reservoirs. Drilling reached a total depth of 26,957 feet (8.216 m) in water depths of 4,144 feet (1.263 m).

The Warrior discovery is located approximately 3 miles from the Anadarko-operated K2 field and is expected to be tied back to its Marco Polo production platform.

The well is operated by Anadarko Petroleum with 65% interest. Ecopetrol owns 20% and MCX Exploration (USA) LLC owns the remaining 15%.

In addition, Anadarko reported that the Phobos appraisal well, located approximately 12 miles south of the Anadarko-operated Lucius platform in the Gulf of Mexico, encountered more than 90 net feet of high-quality oil pay in a Pliocene-aged reservoir similar to the nearby Lucius field.

This secondary accumulation was present in the Phobos discovery well and will be evaluated for tieback to the Lucius platform, the company said. Meanwhile, drilling is ongoing toward the primary objective in the Wilcox formation. Anadarko has a 100-percent working interest at Phobos.

Anadarko Chairman, President and CEO, Al Walker, said: “The successes to date at Warrior and Phobos further demonstrate the value of our assets in the deepwater Gulf of Mexico and our tieback strategy. It also illustrates why we have tremendous confidence in the potential of our ‘3 Ds’ – the Deepwater, Delaware and DJ – to drive growth and value for many years to come.”

Anadarko also added that, at the Heidelberg field, the fifth production well currently being drilled encountered the reservoir sand with more than 150 net feet of oil pay to date. The well will be completed immediately following drilling operations and is expected to be brought on production early next year.

 

Anadarko doubles Lucius ownership

 

Meanwhile, the company completed the acquisition of Freeport-McMoRan Oil & Gas’s deepwater Gulf of Mexico assets for $2 billion in cash, announced back in September this year. The transaction is effective August 1, 2016.

As a result of this transaction, Anadarko doubled its ownership in the Lucius development to approximately 49 percent, doubled its Gulf of Mexico production to more than 160,000 net barrels of oil equivalent (BOE) per day, and added three operated deepwater facilities, bringing Anadarko’s total operated facilities to 10.

Offshore Energy Today Staff