Drilling/Production news briefs, Oct. 12

Oct. 12, 2001
PTT Exploration & Production ... Unocal Thailand ... Mitsui Oil Exploration ... Ocean Energy ... Transocean Sedco Forex ... BP ... Greka Energy ... Carrizo Oil & Gas ... BP

PTT Exploration & Production PLC drilled 10 wells as part of its second exploration campaign at Arthit field in the Gulf of Thailand. Of those, four were successful, testing 14 MMcfd-53 MMcfd of gas and 213-472 b/d of condensate. They are in blocks 14A, 15A, and 16A, about 35 km northeast of Bongkot field. PTTEP owns 80% of the field; Unocal Thailand Ltd. owns 16%; and Mitsui Oil Exploration Co. owns 4%.

Ocean Energy Inc., Houston, awarded a one-well, 40-day contract to Transocean Sedco Forex Inc., Houston, for use of its Cajun Express semisubmersible on the South Titan project in the Gulf of Mexico. That contract could be worth $6 million. A unit of BP PLC awarded TSF a three-well, 130-day contract for use of the Sedco Express semisubmersible in the Eastern Mediterranean Sea off Egypt. The contract, worth up to $12 million, could also provide for three more wells.

Greka Energy Corp., New York City, said it connected the Haspel & Davis No. 1 well in Potash field, Plaquemines Parish, La., to production. The well was dually completed in the 11-B gas sand and 9-A oil sand. The 11-B tested 5 MMcfd of gas and 325 b/d of condensate from a 13/64-in. choke over a 24-hr test period, said Greka. The 9-A zone will produce 350 b/d of oil. Greka is operator and owns a 100% working interest and a net revenue interest of 78-83% in 3,000 acres in Potash field, a salt dome on the Mississippi River south of New Orleans.

Carrizo Oil & Gas Inc., Houston, said Riverdale No. 2 well in its Cabeza Creek project area in Goliad County, Tex., tested at an unstimulated rate of 7.5 MMcfd of gas and 146 b/d of condensate on an 18/64-in. choke with 4,050 psi of flowing tubing pressure from a 36-ft Wilcox zone. Three more wells will be drilled on the prospect. Carrizo is the operator of the well and owns 68.75% working interest.

BP PLC awarded Smedvig ASA a contract to use the harsh-environment jack up drilling rig West Epsilon on the Valhall Flank on the Norwegian continental shelf. The $52 million firm portion of the contract includes eight wells and a period of 15 months. There are three optional periods, each consisting of eight wells. The contract should begin in August-September 2002.