Louisiana

By OGJ editors
HOUSTON, Nov. 2 – Phoenix Exploration Co. cased a gas-condensate in Atchafalaya Bay off South Louisiana and expects it to be on production by the end of 2010 through existing facilities.

The well on the Marathon prospect went to a TD of 18,800 ft in 8 ft of water. Wireline logs confirmed predrill 3D seismic mapping that indicated a recoverable 20-78 bcf of gas equivalent, said Petsec Energy Ltd., Sydney.

Well interests are Phoenix Exploration 65%, an undisclosed private company 25%, and Petsec Exploration & Production LLC 10%. Petsec called the discovery sizable.

Phoenix Exploration previously made a discovery 2 miles to the northeast that came on production in September and is making a restricted 15 MMcfd of gas and 100 b/d of condensate.