Murphy Drills A Duster In the Gulf of Mexico
|Thursday, July 11, 2002
The Experience wildcat well, located on Green Canyon Block 300 in the Gulf of Mexico, failed to find hydrocarbons. The well was drilled to a total depth of 18,691 feet and will be plugged and abandoned. The company will take a charge of $17 million pre-tax during the second quarter as a result of this dry hole.