Phoenix Cases Marathon Prospect Well
A 7 5/8-inch casing has been set at a depth of 14,000 feet (4,267 meters) in the Louisiana State Lease No. 20221 No. 1 well on the Marathon prospect. The reserve estimate of the prospect ranges from 20 to 78 Bcfe. Situated in 8 feet (2.4 meters) of water in the Atchafalaya Bay, the well will be drilled to a total depth of 18,800 feet (5,730 meters), which should be reached in late October/early November 2010. Participants in the lease are Phoenix Exploration Company LP (operator, 65%), Petsec Energy Ltd. (10%), and a Private Company (25%).SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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