By OGJ editors
HOUSTON, July 2 -- Kerr-McGee Oil & Gas Corp., a unit of Oklahoma City-based Kerr-McGee Corp., began oil production June 24 from its Boomvang field in the Gulf of Mexico from the first of three subsea wells. The first Boomvang well, which lies in the East Breaks area about 150 miles south of Houston in 3,450 ft of water, is flowing 50 MMcfd of gas. A second well will be brought on production soon.
At peak production, Boomvang will produce 160 MMcfd of gas and 32,000 b/d of oil by the second quarter of 2003, Kerr-McGee said. Boomvang contains reserves estimated at 70-100 million boe.
Boomvang interest holders are operator Kerr-McGee 30%, Enterprise Oil PLC 50%, and Ocean Energy Inc. 20%. Earlier this year, Royal Dutch/Shell Group announced an offer to acquire Enterprise (OGJ, Apr. 8, 2002, p. 39).
The Boomvang field covers East Breaks Blocks 642, 643, and 688. The field was developed using a truss spar that is a twin to the truss spar installed at Nansen field 9 miles away, the company said. Kerr-McGee is currently building a third truss spar, which will be used to develop neighboring Gunnison field. First production from Gunnison is expected in early 2004.