Gulf of Mexico

Nexen Inc., Calgary, plans to resume Gulf of Mexico exploration now that the drilling moratorium has been lifted.

By OGJ editors
HOUSTON, Nov. 16
– Nexen Inc., Calgary, plans to resume Gulf of Mexico exploration now that the drilling moratorium has been lifted.

The 2011 program calls for drilling three exploration and three appraisal wells. The deepwater exploration wells are at the Kakuna, Angel Fire, and Cypress prospects.

At Knotty Head, Nexen expects an integrated project team will be in place next year to start work on a joint development plan with Hess Corp. to move the Pony and Knotty Head discoveries towards sanction.

Appraisal is to start early in 2011 at Appomattox, where Nexen estimates the gross contingent resource exceeds 250 million bbl of oil equivalent.

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