Deepwater Discoveries Still Strong in the Gulf of Mexico

The Minerals Management Service says that seven new discoveries of deepwater oil and gas have been made since January of this year a trend the agency expects to continue. The list of new discoveries in the Gulf of Mexico includes a Hess Corporation discovery on its "Pony" project in Green Canyon and Kerr-McGee discoveries on its "Caesar" prospect in Green Canyon and its "Claymore" prospect in Atwater Valley.

"The deepwater discoveries to date represent a strong continuing success story in the Gulf of Mexico," stated Chris Oynes, MMS Regional Director for the Gulf of Mexico calling the results very encouraging. "We are off to a great start in calendar year 2006. The deepwater area of the Gulf of Mexico continues to serve as the major domestic energy source for the United States. The announced deepwater discoveries thus far in 2006 demonstrate that active exploration in the deepwater Gulf of Mexico will continue to help America meet her energy needs."

2006 Announced Deepwater Discoveries, Gulf of Mexico (to Date)

Prospect Operator Area Water Depth (ft)
Gotcha Total E&P USA Alaminos Canyon 856 7,600
Thunder Bird Murphy Mississippi Canyon 819 5,673
Caesar Kerr-McGee Green Canyon 683 4,457
Claymore Kerr-McGee Atwater Valley 140 3,700
Pony Hess Corporation Green Canyon 468 3,497
Raton Noble Energy Mississippi Canyon 248 3,400
Redrock Noble Energy Mississippi Canyon 204 3,334
Related Companies
 Company: Minerals Management Service (MMS)more info
 - Obama Names New Head of MMS (Jun 15)
 - Abbey Implements New Drilling Requirements (Jun 7)
 - MMS Chief Resigns (May 27)
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