Marathon abandons well on Annapolis prospect off Nova Scotia

April 16, 2002
Marathon Canada Ltd., a wholly owned subsidiary of Marathon Oil Co., has elected to plug and abandon its Annapolis B-24 deepwater exploratory well off Nova Scotia for mechanical reasons. The move followed a detailed analysis of the wellbore's condition following a gas kick on Mar. 24.

By OGJ editors

HOUSTON, Apr. 16 -- Marathon Canada Ltd., a wholly owned subsidiary of Marathon Oil Co., has plugged and abandoned its Annapolis B-24 deepwater exploratory well off Nova Scotia following a gas kick at an intermediate well depth of 3,500 m.

"Following a detailed analysis of both the event and the condition of the wellbore," Marathon said, "the company has elected to plug and abandon the Annapolis B-24 well for mechanical reasons."

The Annapolis B-24 well is located 350 km (215 miles) south of Halifax in 1,740 m (5,700 ft) of water.

Marathon currently is working with its project partners to evaluate alternatives for further drilling on the Annapolis prospect in order to examine its potential, and a decision is expected shortly.

Marathon is operator of the Annapolis prospect, in which it holds a 30% interest. The remaining interests are held by EnCana Corp. 26%, Norsk Hydro Canada Oil & Gas Inc. 25 %, and Murphy Oil Co. Ltd, 19 %.