Walter Oil & Gas Company News

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Seadrill Wins GOM Contracts
Monday, November 23, 2020Seadrill Ltd has added approximately $52 million of backlog following the end of the third quarter of 2020.

Debris From Walters Well Cleared, Visual Inspection Underway
Thursday, August 08, 2013Debris has been cleared and a visual inspection in underway at Walter Oil & Gas’ South Timbalier gas well following a blowout last month.

US Regulators Study Drilling in Shallow Water Following Blowout in July
Tuesday, August 06, 2013Shallow-water drilling has its own set of concerns, regulators say.

Relief Well Drilling Commenced at South Timbalier
Monday, August 05, 2013BSEE, US Coast Guard and Walter, through the Unified Command, continue to oversee and coordinate response efforts to secure the South Timbalier 220 natural gas Well A-3.

Focus On Safety In Aftermath of Gas Well Blowout
Wednesday, July 31, 2013BSEE announces it will focus on safety precautions for shallow-water drilling following the Walter A-3 blowout.

Drillers Still Uncover Promising Oil Bounty in GOM
Monday, December 07, 2009Despite a tough economy that forced cuts elsewhere, oil and gas producers in 2009 continued their push into the deep-water Gulf of Mexico, and many of their efforts were rewarded.

MMS Releases Latest GOM Energy Forecast, Deepwater Report
Monday, May 04, 2009In the MMS' forecast report announced today at OTC, Gulf of Mexico oil production is forecasted to increase substantially over the next several years, possibly reaching 1.8 million barrels of oil per day.

Gas Production to Begin in April from High Island 24-L Discovery
Thursday, January 18, 2007Following the discovery of 47.5 MMscf/D of natural gas at High Island 24-L in the Gulf of Mexico and the completion of the flow test, production is expected to commence in April 2007.

DOI Signs Agreement with O&G Companies on 1998/1999 Leases
Friday, December 15, 2006Assistant Secretary of Land and Minerals Management, C. Stephen Allred signed agreements with BP, ConocoPhillips, Marathon, Shell, and Walter Oil and Gas, addressing deepwater Gulf of Mexico offshore oil and gas leases issued in 1998 and 1999.

Entek Reports Gas Discovery at High Island
Thursday, November 09, 2006As previously announced, Entek Energy Limited recently participated with a 5-percent working interest in an exploratory test well located in 37 feet of water on the S/2 SW/4 of High Island Block 24-L, Texas State Waters Offshore.

Entek Energy Participates in High Island Well
Wednesday, October 25, 2006Entek Energy recently participated in an exploratory well located in High Island Block 24L in Texas State Waters. The well encountered 50 feet of pay in Lower Miocene Lentic Jeff sands and is currently being completed.