BP makes Gulf of Mexico oil strike

By OGJ editors
HOUSTON, Aug. 31 -- Devon Energy Corp. and Anadarko Petroleum Corp. reported an oil discovery in the Kaskida well operated by BP Exploration & Production Inc. on Keathley Canyon Block 292 in the Gulf of Mexico.

Drilled to 32,500 ft TD in about 5,860 ft of water, Kaskida encountered 800 net ft of hydrocarbon pay in Lower Tertiary sands.

Appraisal work is planned this year.

Interests are BP 55%, Anadarko Petroleum Corp. 25%, and Devon 20%.

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