Apache Announces Gulf of Mexico Discovery
The company also reported completing a strong development well from its South Timbalier 295 platform. Both wells are on production.
The new fault block discovery tested at the rate of 9.6 million cubic feet (MMcf) of gas and 184 barrels of oil per day on a 20/64-inch choke with 4,500 pounds per square inch (psi) of flowing tubing pressure. Apache owns a 100 percent working interest in the producer. The Eugene Island discovery, the JD 2 well, was drilled to a total depth of 18,994 feet by Marine Drilling's jackup, Marine 201. The directionally drilled well was perforated between 16,500 feet and 16,560 feet, measured depth, in the U sand. The well logged an additional 71 net feet of gas pay in three other zones.
Apache also reported a sizable development well drilled from its South Timbalier 295 platform, where the company made two discoveries earlier this year. The A-10ST was directionally drilled to the adjacent 276 Block. It test-flowed 9 MMcf of natural gas and 669 barrels of oil per day on a 14/64-inch choke with 7,300 psi of flowing tubing pressure. Perforations were between 14,506 feet and 14,526 feet, measured depth, in the L-68 sand. The well logged an additional 140 feet of net oil pay in seven other sands. It was drilled to a total depth of 15,378 feet. The block is located approximately 75 miles offshore Louisiana. Apache owns a 94.6 percent working interest in the producer. The remaining working interest is held by a partnership that Apache manages.
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