Deepwater Gulf of Mexico yields huge find

BP Amoco plc and partners have made an ultradeepwater strike that they believe could be one of the Gulf of Mexico's biggest discoveries. The oil and gas find was drilled on Green Canyon Block 826 in 6,734 ft of water and encountered 300 ft of net hydrocarbons-primarily crude oil, say the firms. GC 826-1 was drilled on the Mad Dog prospect to a total depth of 22,400 ft. The well is on a 21/2-block unit owned by operator BP Amoco 63.56%, Unocal Corp.'s Spirit Energy 76 unit 25%, and BHP Petroleum (Americas) Inc. 11.44%. The unit is in the southeastern portion of the Green Canyon area, due south of New Orleans (see map, OGJ, Feb. 22, 1999, p. 29), and comprises Block...

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