Gulf of Mexico

Dec. 1, 2009
Helix Energy Solutions Group Inc., Houston, said its Energy Resource Technology GOM subsidiary made a deepwater Gulf of Mexico oil discovery in Green Canyon Block 490 and made a shelf discovery at South Timbalier 145 field.

By OGJ editors
HOUSTON, Dec. 1
-- Helix Energy Solutions Group Inc., Houston, said its Energy Resource Technology GOM subsidiary made a deepwater Gulf of Mexico oil discovery in Green Canyon Block 490 and made a shelf discovery at South Timbalier 145 field.

The Green Canyon discovery on the Jake prospect went to 13,504 ft in 3,740 ft of water and cut 134 ft of net oil and gas pay in a single interval. The well was conventionally wireline logged and fluid samples were recovered. It was cased and temporarily abandoned for a future subsea completion.

Following the discovery, Helix’s estimate for the prospect is 50-75 bcfe gross proved, probable, and possible recoverable. Development options are under study, and production is estimated to start in mid-2011. ERT’s working interest is 25%.

Another new well that ERT drilled in South Timbalier 145 field, where it is operator with 75% working interest, went to 14,193 true vertical depth and logged 20 ft of oil and gas pay. The well is being completed and expected to go on production in December 2009.