Gulf of Mexico

By OGJ editors
HOUSTON, Feb. 3 – Final installation work is on schedule, and production should begin from the Telemark Hub in the deepwater Gulf of Mexico in the first quarter of 2010, said ATP Oil & Gas Corp., Houston.

Telemark has proved reserves of 49.3 million boe and proved and probable reserves of 73.2 million boe, said ATP, which owns 100% interest. ATP added 17.7 million boe of proved reserves and 31.4 million boe of proved and probable reserves in 2009, mainly at the Mississippi Canyon 941-3 well (OGJ Online, Sept. 9, 2009).

ATP is to finish connecting the oil and gas pipelines and begin the dewatering process in the next few weeks. The company sold the deep exploratory rights below the productive horizons at MC 941 in December 2009 and is discussing sale of the ATP Titan vessel and other assets.

At a third block, Atwater Valley 63, the No. 4 well is being completed with the Ocean Victory and will be connected as a subsea well to the ATP Titan through previously installed pipelines. The well has been perforated and gravel packed in three pay sands, and production tubing is being run.