-- Anadarko has deepwater gas discovery on Jubilee prospect in eastern GOM
Anadarko Petroleum Corp, has a natural gas discovery at its Jubilee prospect in the eastern Gulf of Mexico. The discovery well, Atwater Valley 349 No. 1, which was spudded in February in 8,800 ft of water about 200 miles southeast of New Orleans, was drilled to 18,310 ft TD and encountered 83 ft of net pay. The company estimates the field size at 40-50 million boe.