Firms start exploration south of Mobile Bay

Oct. 10, 2006
Private Corpus Christi, Tex., independent Royal Exploration Co. and Petsec Energy Ltd., Lafayette, are starting a two or three-well program for gas in Gulf of Mexico federal waters south of Mobile Bay.

By OGJ editors
HOUSTON, Oct. 10 -- Private Corpus Christi, Tex., independent Royal Exploration Co. and Petsec Energy Ltd., Lafayette, are starting a two or three-well program for gas in Gulf of Mexico federal waters south of Mobile Bay.

The duo plans wells on Mobile Blocks 950 and 951 off the Mississippi-Alabama state line and Block 873 southeast of North Central Gulf gas field, which is near the mouth of the bay.

The wells, the first to be drilled on the portfolio of 33 leases acquired in August 2006, can be drilled in 12-15 days/well and, if successful, hooked up in within 4 months from completion of the drilling program, Petsec Energy said.