By OGJ editors
HOUSTON, Apr. 8 – A group led by Phoenix Exploration Co. LP has spud a second well at the Marathon prospect on State Lease 20369 in Atchafalaya Bay state waters in South Louisiana.
Projected to 21,000 ft in 8 ft of water, it is designed to develop the group’s 2010 discovery and test deeper exploratory potential. The group estimates 121 days to drill, log, and case the well.
The well is within 900 m of the discovery well, which went on line in late 2010 and has consistently flowed at rates above 20 MMcfd of gas and 120 b/d of condensate, said Petsec Energy Ltd., Sydney (OGJ Online, Jan. 31, 2011).
Phoenix is operator with 65% working interest, private companies hold a combined 27%, and Petsec has 8%.
Rendering from Cedar LNG.
US Government Accountability Office.
