Anadarko makes deepwater gulf find at Mission Deep

By OGJ editors
HOUSTON, Dec. 11 -- Anadarko Petroleum Corp. has made an oil discovery at its Mission Deep prospect on Green Canyon Block 955 in the Gulf of Mexico. The discovery well found more than 250 ft of net oil pay in the primary middle Miocene objective.

The well, in 7,300 ft of water, was drilled to TD 25,000 ft. Future plans include deepening the well to a secondary lower Tertiary objective and drilling a sidetrack well to further delineate the extent of the reservoir, the company said.

The discovery at Mission Deep is the company's ninth out of 12 tests so far this year in the deepwater gulf.

Anadarko is one of the top three leaseholders in the deepwater gulf with an inventory of about 150 prospects and leads, representing an estimated 13-18 billion bbl of gross, unrisked resource potential, the company said. Anadarko said it plans to drill 10-15 exploration tests over the next 2 years to evaluate this potential within its position in the Miocene and emerging lower Tertiary plays.

Anadarko, Mission Deep operator, holds a 50% working interest; Devon Energy Corp. has a 50% working interest. Devon is paying 100% of the cost of the well pursuant to the terms of a joint venture agreement entered into with Kerr-McGee Corp. prior to its acquisition by Anadarko earlier this year (OGJ, July 3, 2006, p. 30). Mission Deep is the final well subject to the joint venture.

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