ExxonMobil Confirms Crazy Horse Discoveries

Thursday, March 08, 2001
Exxon Mobil Corporation announced the success of two wells drilled during 2000 in the Crazy Horse Exploration Unit, located in the Gulf of Mexico approximately 125 miles southeast of New Orleans. The wells confirmed Crazy Horse to be a world-class discovery and development opportunity. ExxonMobil owns 25 percent interest in the Crazy Horse Unit with BP (operator) owning 75 percent. The Crazy Horse appraisal well, drilled in Mississippi Canyon Block 822, added new oil pay reservoirs to those encountered in the Crazy Horse discovery. The results confirm that Crazy Horse is at least a billion-barrel discovery.

In addition, a major new discovery called Crazy Horse North was drilled in Mississippi Canyon Block 776, located 5 miles northwest of the 1999 Crazy Horse discovery. This discovery encountered approximately 600 net feet of oil pay reservoirs. These results make Crazy Horse the largest oil field discovered in the U.S. Gulf of Mexico. Planning for a phased development is underway. Initial production is expected by 2005 from a floating production facility that will be capable of producing 250,000 barrels of oil per day at peak rate.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Norsafe Secures Contract with VARD Group

Norsafe informs it has signed a new contract with VARD Group, and will supply lifeboats complete with davit systems to a series of 15 new vessels.    Topaz Energy

India’s Potential in Offshore Wind Power

The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India.

Lloyd's Register Extends Drilling Rig Integrity Support

Exploration begins by BHP Billiton using the Deepwater Invictus rig and supported by Lloyd’s Register’s rig integrity team. Lloyd’s Register (LR) announced it

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0693 sec (14 req/sec)