Completion of Offshore Wells

Wednesday, August 25, 1999
The Houston Exploration Company announced the completion of offshore wells that should provide additional production beginning in the second quarter of 1999. Because of drilling activity during the first quarter, the company shut-in certain production from its Mustang Island A-31/A-32 region. Due to this shut-in and other factors, the Company expects first quarter 1999 production levels will average approximately five percent higher than the prior quarter's level. In the company's three-lease complex in the Mustang Island region on the shelf of the Gulf of Mexico, the Company successfully drilled its first well since acquiring the property in the fourth quarter of 1998. The Mustang Island A-32 B-8 well, a development well, was drilled to a total depth of 9,900 ft. and encountered more than 100 ft. of net pay in six sands. The well began production on April 14, 1999, and is expected to produce eight to ten mmcfe per day, net to the company. The company holds 100 percent working interest in the well. The Company also announced the successful recompletion of the lower horizon of the High Island 38 No. 1 well. Following a gravel pack failure in mid-1998, Houston Exploration assumed operations of the well and restored production in the lower horizon, with an initial flow rate of 9.6 mmcfe per day, which is expected to increase to 12 mmcfe per day, net to the company. Houston Exploration holds a 100 percent working interest in this horizon of the well.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Orica Fined Heavily for Australian Pollution Incidents

Orica Australia Pty Ltd has been convicted and penalised $768,250 in relation to charges brought by the NSW Environment Protection Authority (EPA) for pollution

Canaveral Shipwreck Search Permit Granted to Seafarer's Quest

Research and recovery of historic shipwrecks experts Seafarer Exploration Corporation says that Seafarer's Quest, LLC has successfully been granted a three year

Höegh LNG Partners Launch IPO

Höegh LNG Partners LP ("Partnership"), a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd. ("Company"), announced today that it has commenced an initial public offering of 9,

Offshore

BOEM Extends O&G Lease Comment Period

The Bureau of Ocean Energy Management (BOEM) is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the

Total E&P is First to Use FROG-XT4

Total E&P is the first to use Reflex Marine’s newly developed FROG-XT4 on the Odudu field in Nigeria. The French operator purchased the crew transfer device

New Standard gets Revised Program for Cooper Basin Approved

New Standard Energy Limited (New Standard) advises that it has received approval for amendments to its five year work program in PEL570 in the Cooper Basin. As part of the revised program,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage Sonar Winch
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: 0.2569 sec (4 req/sec)