Amerada Hess discovers oil on Devils Island prospect

May 21, 2002
Amerada Hess Corp. discovered oil on its Devils Island prospect on Garden Banks Block 344 in the Gulf of Mexico.

By OGJ editors

HOUSTON, May 21 -- Amerada Hess Corp. discovered oil on its Devils Island prospect on Garden Banks Block 344 in the Gulf of Mexico. The GB 344 No. 4 well encountered more than 100 ft of net oil pay in a single, high-quality reservoir.

The well was drilled to 24,525 ft TD in 2,300 ft of water. The discovery is 135 miles off Louisiana, 12 miles southwest of Baldpate field, which Amerada Hess operates with 50% interest.

Amerada Hess operates the Devils Island prospect with 80% interest. EEX Corp., Houston, owns 20% interest.

Robert P. Strode, Amerada Hess senior vice-president, exploration and production, Americas, said, "There are several attractive development options available for this discovery. Further evaluation and appraisal will be necessary before the best development option can be selected."