Pioneer Spuds Midway Prospect in the Gulf of Mexico

Woodside reports that the Midway exploration well located in the Gulf of Mexico in Brazos Area Block A 39 was spudded last week.

The jackup, Rowan Paris, will be used to drill the well. Water depth at the location is 149 feet. Planned total depth is approximately 21,500 feet (referenced to the rig rotary table).

The well is the fourth of an eight well program that Woodside Energy (USA) Inc. and Pioneer Natural Resources USA, Inc. have agreed to drill in 2003 and 2004. Woodside and Pioneer are equal participants in the well.