By OGJ editors
HOUSTON, June 22 -- Murphy Oil Corp. reported an oil discovery at its Thunder Bird prospect on Mississippi Canyon Block 819 in the Gulf of Mexico. Although development options for the find have not been finalized, the oil found at Thunder Bird will likely be produced as a subsea tieback to a facility nearby.
Thunder Bird lies in Boarshead basin in 5,676 ft of water. MC Block 819 lies three blocks west of giant Thunder Horse oil and gas field.
Murphy reported that Thunder Bird holds reserves of 50-75 million bbl of oil equivalent. The well cost is estimated at $53.6 million.
Murphy, operator, holds 37.5% working interest in the field. Partners are Dominion Exploration & Production Inc. 25%, Hydro Gulf of Mexico LLC 25%, and Marubeni Offshore Production (USA) Inc. 12.5%.
