BHP Billiton's Shenzi well hits pay dirt in deepwater Gulf of Mexico

By OGJ editors

HOUSTON, Nov. 21 -- Australia's BHP Billiton Ltd. said the Shenzi discovery well in the deepwater Gulf of Mexico has encountered a 465 ft gross hydrocarbon column with 140 ft of net pay.

The discovery well, which was drilled 125 miles off the Louisiana coast on Green Canyon Block 654, is in the Western Atwater Foldbelt area where BHP Billiton previously discovered oil and natural gas at Mad Dog, Atlantis, and Neptune (OGJ, Nov. 5, 2001, p. 84).

The Western Atwater Foldbelt is set to become a core producing area for BHP Billiton started in late 2004, a spokesman said.

BHP Billiton operates Shenzi and owns 44%, while BP PLC and Amerada Hess Corp. each hold 28% interest. Appraisal drilling will be necessary to determine the size of the find and the significance of the well, BHP Billiton said.

Related Articles

Hess to sell Utica acreage for $924 million


Hess Corp. has agreed to sell 74,000 acres of its dry gas acreage in the Utica shale to an undisclosed buyer for $924 million.

Hess reports $5.8 billion capital budget for 2014

01/24/2014 Hess Corp. reported that its exploration and production capital budget for 2014 is expected to reach $5.8 billion, almost have of which, $2.85 bill...

Innex California, Rango Energy form US joint venture

01/20/2014 Innex California Inc., Dallas, has signed a definitive joint venture, operating, and acquisition agreement with Rango Energy Inc. that covers certa...

Hess closes on $650 million sale of Pangkah asset in Indonesia

01/10/2014 Hess Corp. has completed the sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia, which exercised its preemption rights, for $650...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected