By OGJ editors
HOUSTON, Apr. 18 -- Petsec Energy Inc., a US subsidiary of Australia's Petsec Energy Ltd., has begun development planning for Main Pass Block 18 in the Gulf of Mexico after making what it calls a 1 million bbl oil discovery there.
It said its Main Pass 18 G-6 well, drilled to 13,018 ft TD, discovered 7.5 bcf of gas net to Petsec in three sands and 1.1 million bbl of oil net in two sands. The well was the last of a four-well program drilled from its Main Pass 19 platform (OGJ Online, Mar. 9, 2006).
Petsec has begun plans for a production and distribution facility on Block 18 and envisions the drilling of two or three development wells to produce oil discovered so far on the block.
Meanwhile, it is completing the G-6 well as a gas producer from the Main Pass 19 platform.
Petsec plans further drilling on Main Pass 18 and adjacent Block 103 in September.