Amerada Hess Drills Duster at Wembley Prospect

Amerada Hess reports that its Wembley #1 well, located in Mississippi Canyon Block 722 in the Gulf of Mexico, reached a total measured depth of 29,212 feet and failed to encounter commercial quantities of hydrocarbons. The well has been plugged and abandoned.

Amerada Hess, operator of the Wembley well, will expense the costs of the well in the first quarter of 2005. Estimated net costs are $65 million before tax, or $42 million after tax.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit