Murphy temporarily abandons Gulf of Mexico well

Dec. 4, 2006
Murphy Oil Corp. has temporarily plugged and abandoned its Thunder Ridge exploration well on Mississippi Canyon Block 737 in the Gulf of Mexico.

By OGJ editors
HOUSTON, Dec. 4 -- Murphy Oil Corp. has temporarily plugged and abandoned its Thunder Ridge exploration well on Mississippi Canyon Block 737 in the Gulf of Mexico.

The primary objectives found wet sands, with a secondary shallower objective encountering a small oil accumulation. The exploration well and subsequent sidetrack were drilled in over 6,100 ft of water.

Post-drilling analysis will continue to determine if the resource found can be commercially viable as a tieback to another facility. Thunder Ridge lies close to the company's recently sanctioned Thunder Hawk development, which will include a stand-alone semisubmersible floating production unit that is scheduled for installation in late 2008 to accommodate the expected start of oil production in 2009.

Murphy owns a 37.5% working interest in the field and serves as operator. Partners are Dominion Exploration & Production Inc. 25%, Hydro Gulf of Mexico LLC 25%, and Marubeni Corp. subsidiary Marubeni Offshore Production (USA) Inc. 12.5%.