Long sidetrack appraises gulf's Pony find

A 33,362-ft sidetrack well in Green Canyon Block 468 has successfully appraised Hess Corp.'s 2006 Pony discovery in the deepwater Gulf of Mexico.

By OGJ editors
HOUSTON, June 5 -- A 33,362-ft sidetrack well in Green Canyon Block 468 has successfully appraised Hess Corp.'s 2006 Pony discovery in the deepwater Gulf of Mexico.

The Pony-2 sidetrack, drilled from a surface location 7,400 ft northwest of the discovery well, encountered the same objective Miocene sands as the Pony-1 and Pony-2 wells. The main pay sand was oil filled throughout the interval drilled.

Hess is evaluating development concepts before making a final investment decision for Pony, which it now says has 200 million boe recoverable and is 100% owned by the company. It had previously estimated 100-500 million boe.

The acreage, just north of the Knotty Head area, is in 800-1,599 m of water (OGJ, July 24, 2006, Newsletter).

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