MMS Details Gulf of Mexico Deepwater Discoveries to Date in 2005
The Minerals Management Service reports that there were nine deepwater (greater than 1,000 feet) oil and gas discoveries announced by operators and lessees in the Gulf of Mexico in 2005, as of November 30, 2005.
"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. "Discoveries like BP's Stones represent a continuing favorable development in the new Paleogene play in the Walker Ridge area."
MMS reports that, in the week ending December 2, there were nine rigs drilling in 5,000 feet of water or greater – the ultra deepwater zone. This compares with seven in the same period one year ago.
MMS also notes that Chevron/Unocal had reached a new drilling record in the Gulf of Mexico – 32,968 feet drilling depth at its Knotty Head prospect in Green Canyon Block 512. This broke the old record set by Shell of 32,727 feet.
Gulf of Mexico (to Date)
|Knotty Head||Chevron/Unocal||GC 512||3,557|
|Genghis Khan||Anadarko||GC 652||4,300|
|Mondo NW Ext.||Anadarko||LL 001||8,340|
|Jubilee Ext.||Anadarko||LL 309||8,774|
Note: La Femme Prospect (Mississippi Canyon BLK 427) was announced Feb. 2005, but reached total depth in 2004 and was previously listed as a 2004 discovery.