By OGJ editors
HOUSTON, Nov. 23 -- McMoRan Exploration Co., New Orleans independent temporarily based in Baton Rouge since the 2005 hurricanes, hopes to start production in early 2006 from its latest deep shelf gas-condensate discovery in the Gulf of Mexico.
The Long Point discovery well flowed 41 MMcfd of gas and 860 b/d of condensate with 10,200 psi flowing tubing pressure on a 29/64-in. choke. It is in 8 ft of water on Louisiana State Lease 18090 and close to production facilities.
McMoRan also production-tested the King Kong-2 development well in 12 ft of water on Vermilion Blocks 16/17 at 8 MMcfd and 24 b/d on a 16/64-in. choke. TD is 13,680 ft.
The company plans to start production shortly from King Kong-1 and was to spud King Kong-3 in late November.
