Repsol hits pay in GoM’s Leon well
- Exploration & Production
Repsol has made a new discovery of “high quality” oil in the United States’ Gulf of Mexico.
The find was made 352 kilometres from the Louisiana coast in an ultra-deep water well named Leon, located in the Keathley Canyon 642 block.
Repsol is the operator of the discovering consortium. The well found more than 150 metres of net oil pay within a column of over 400 metres. The well was drilled in water 1,865 metres deep, and reached a total depth of 9,684 metres, making it one of the deepest wells operated by the company.
The company has a long experience in deep-water well drilling and is internationally recognised for its technological capacity with cutting-edge projects in hydrocarbon exploration and production such as the Kaleidoscope and Sherlock projects, Repsol said in the release.
Repsol has a 60% participation in the license, with Colombia’s Ecopetrol holding the remaining 40%. The US Gulf of Mexico is amongst the world’s most profitable and promising deep water plays. Repsol holds 119 blocks in this prolific area together with a share in the Shenzi field, which boasts 16 wells in production connected to two platforms.
The resource potential being carried out by the current operator will lead to a development plan for the field in the near future.