Nexen encounters gas pay with Ringo prospect

Aug. 4, 2006
Nexen Inc., Calgary, said the Ringo prospect on Mississippi Canyon Block 546 encountered 150 ft of net gas pay. The well, in 2,500 ft of water, was drilled to 12,808 ft.

By OGJ editors
HOUSTON, Aug. 4 -- Nexen Inc., Calgary, said the Ringo prospect on Mississippi Canyon Block 546 encountered 150 ft of net gas pay. The well, in 2,500 ft of water, was drilled to 12,808 ft.

Conventional cores were taken throughout the productive intervals, and the analysis indicated good quality reservoir sands. Nexen operates the block with a 50% interest. ENI SPA holds the other 50% interest.

Nexen is installing a production liner and evaluating tieback options. The well is 120 miles northeast of Aspen field.