|Wednesday, March 22, 2000
Anadarko Petroleum reports the successful completion of drilling operations on the Hickory field offshore Louisiana in the U.S. Gulf of Mexico. The well is located in Grand Isle 116 and was drilled to a total depth of more than 18,000 feet by Transocean Sedco Forex's semisubmersible Transocean 96. Another exploration well on Grand Isle 111 is planned once operations to extend the Grand Isle 116 no. 2 well have been completed. The Transocean 96 drilled the well to its total depth in only 38 days. First production from the Hickory field is expected during the fourth quarter of this year. Anadarko is the operator and owns a 50% working interest. Other partners are Shell with a 37.5% interest and Ocean Energy with a 12.5% interest.