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Unlocking Grand Bay's deep treasures: gulf shelf potential at 17,000-28,000 ft

04/12/2010
Grand Bay field in the Mississippi Delta is the "Grande Dame" of southern Louisiana. The field has continued to produce vast quantities of oil and gas for over 70 years and promises to do so for another 40-50 years from already discovered normally pressured reservoirs.Recent interpretation of reprocessed proprietary 3D seismic data has revealed several large deep shelf prospects that have combined potential for over 1.6 billion bbl of oil equivalent. Even if some of these deep prospects prove successful, the recoverable reserves will far exceed the 250 million bbl of oil equivalent produced to date.Deep shelf plays are those lying at depths of 15,000-20,000 ft in less than 600 f...
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