Pioneer Makes Deepwater Gulf of Mexico Discovery

Pioneer Natural Resources Company has made a discovery on its Harrier prospect near the Falcon field in the deepwater Gulf of Mexico. The well was drilled to a total measured depth of 9,510 feet and encountered over 350 feet of gas bearing sand in a single zone. The well was drilled by the semisub, Noble Homer Ferrington. Pioneer operates the block (East Breaks 759) with a 75% working interest.

Pioneer plans to develop the field as a single-well subsea tie-back to its Falcon field and expects first production in nine to 15 months. The pipeline connecting the Falcon field to the Falcon Nest platform on the Gulf of Mexico shelf has the working capacity to handle 175 to 200 million cubic feet of gas per day. This discovery is expected to significantly extend the utilization of the Falcon facilities.

Pioneer has additional prospects on the 32 blocks it holds in the Falcon area.