Gulf Deepwater Activity Continues at High Rate

The Minerals Management Service released information about the deepwater activity levels in the year 2002 in the Gulf of Mexico. "Calendar year 2002 was a year of significant deepwater activity in the Gulf of Mexico despite the general downturn in drilling. Twelve new deepwater discoveries were made and three of these were in 8,000 feet or greater water depths, " said MMS’s Gulf of Mexico Regional Director Chris C. Oynes.

. Fourteen new deepwater projects began production in 2002. These joined the 51 that were already in production for a new total of 65. "Deepwater development projects continue at a fast pace and the 14 new projects in the Gulf of Mexico, include 11 that were subsea production systems that tied back to another project," said Oynes. This raises the total number of subsea projects to 41 out of the 65 total deepwater projects. Three of the new deepwater starts utilized a spar as a production system. Oynes noted that “we expect a significant rise in the number of deepwater projects that will start production in the year 2003 – perhaps as many as 19."

Gulf of Mexico Deepwater Oil and Gas Discoveries
2002

Prospect Operator Area/Block Water Depth (ft)
VORTEX KERR-MCGEE OIL & GAS CORP. AT 261 8334
CASCADE BHP BILLITON PETROLEUM (GOM) INC. WR 206 8143
GREAT WHITE SHELL OFFSHORE INC. AC 857 8009
SHENZI BHP BILLITON PETROLEUM (GOM) INC. GC 654 4394
TAHITI CHEVRON USA INC. GC 640 4017
WEST NAVAJO KERR-MCGEE OIL & GAS CORP EB 689 3905
SLAMMER SAMEDAN OIL CORP. MC 849 3599
QUATRAIN MURPHY EXPLORATION & PRODUCTION GC 382 3328
DEIMOS SHELL OFFSHORE INC. MC 806 3003
- LLOG EXPLORATION OFFSHORE INC. GB 205 1330
- MARINER ENERGY INC. MC 066 1144
- ANADARKO PETROLEUM CORP. MC 401 1134

Gulf of Mexico Deepwater Production Start-Ups
2002

Prospect Operator Area/Block Water Depth (ft)
HORN MTN BP MC 126 5400
KING’S PEAK BP DC 133 6400
ASPEN BP GC 243 3063
NANSEN KERR-MCGEE EB 602 3677
BOOMVANG KERR-MCGEE EB 642 3548
NAVAJO KERR-MCGEE EB 690 4114
CAMDEN HILLS MARATHON MC 348 7210
ACONCAGUA TOTAL FINA ELF MC 305 7043
KING KONG AGIP GC 472 3799
SANGRIA SPINNAKER GC 177 1487
LOST ARK SAMEDAN EB 421 2740
MADISON EXXON MOBIL AC 24 4854
KING BP MC 84 5386
EINSET SHELL VK 873 3500

2003 Projected

Prospect Operator Area/Block Water Depth (ft)
ARIEL/NAKIKA SHELL MC 429 6274
EAST ANSTEY/NAKIKA SHELL MC 607 6590
FOURIER/NAKIKA SHELL MC 522 6950
HERSCHEL/NAKIKA SHELL MC 520 6739
KEPPLER/NAKIKA SHELL MC 383 5800
MATTERHORN TOTAL FINA ELF MC 243 3085
MEDUSA MURPHY MC 582 2100
BORIS BHP GC 282 2393
HABENERO SHELL GB 341 2000
PRINCESS SHELL MC 765 3650
FALCON PIONEER EB 579 3422
GUNNISON KERR-MCGEE GB 668 3150
GOOSE SPINNAKER MC 751 1624
FRONT RUNNER MURPHY GC 339 3330
MAD DOG BP GC 826 4420
COULOMB SHELL MC 657 7600
RED HAWK KERR-MCGEE GB 877 5300
MAGNOLIA CONOCO GB 783 4694
ZIA OCEAN MC 496 1500
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