By OGJ editors
HOUSTON, Oct. 4 -- Mariner Energy Inc., Houston, has reported a gas discovery with its 5ST1 well on High Island (HI) 116 in the Gulf of Mexico.
The well, drilled to a TMD of 14,683 ft, encountered about 540 ft of net vertical pay in 13 sands. Completion operations are under way, and initial production is expected later in the fourth quarter.
Mariner estimates that the well's proved and probable gas reserves could be about 40-60 bcf.
The company holds 100% working interest and a 72% net revenue interest in the well.
HI 116 is part of the asset base Mariner acquired from Forest Oil Corp. in March 2006 (OGJ Online, Sept. 12, 2005).
