By OGJ editors
HOUSTON, Apr. 30 -- ATP Oil & Gas Corp. recently participated in drilling two successful exploration wells in the deepwater Gulf of Mexico. One is an oil discovery, and the other is a gas-condensate discovery.
Newfield Exploration Co. operates both discoveries. The Gladden prospect on Mississippi Canyon Block 800 found 80 ft of net oil pay. The discovery well was drilled in 3,116 ft of water, and an updip well is being drilled.
The Anduin West prospect on Mississippi Canyon Block 754 found 30 ft of net gas-condensate pay. The well was drilled in 2,696 ft of water.
The Anduin West well is being completed, and a production test is planned. ATP has a 10% working interest in Gladden and a 25% working interest in Anduin West.
Production from the discoveries is expected to begin in late 2009.
ATP's floating production platform named Innovator will process the oil and gas from both discoveries. Innovator is moored in 3000 ft of water on Mississippi Canyon Block 711.
Innovator was a semisubmersible drilling rig named Midland that Rowan previously owned. ATP acquired and converted it to a floating production platform.
ATP has a 100% ownership of the ATP Innovator, which handles production from Gomez oil and gas field.
