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 Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Sjo Resigns from Polarcus Board of Directors

Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015.   Sjo has accepted an appointment as Deputy Director

BOEM Issues Supplemental Environmental Impact Statement

The U.S. Department of the Interior, Bureau of Ocean Energy Management (BOEM), announces the availability of the Draft Supplemental Environmental Impact Statement

Europe's Offshore Wind Capacity Growing

New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.3352 sec (3 req/sec)