Unocal GOM Field Proceeding Quickly

Monday, May 22, 2000
Unocal Corp. said development work is going faster than expected on the Muni field in the Gulf of Mexico where appraisal drilling found additional secondary natural gas pay zones. Production from the field on Ship Shoal Block 295 is now expected late this year at an initial sustained rate of 100 million cubic feet of gas and 2,000 barrels of condensate per day, the company said in a report on exploration drilling to date this year prior to Monday's annual meeting in Brea, Calif. Unocal said the first Muni appraisal well penetrated two additional secondary gas pay zones and estimated reserves for the 100 percent owned field offshore Louisiana at 100 to 130 billion cubic feet. That compares to the 80 to 130 billion estimated when the December discovery was announce in mid-January and first production was expected in early 2001.

Maritime Today


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

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

Offshore

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Cruise Ship Trends

Queen Mary 2 set for Extensive Blohm + Voss Refit

On May 27, at 8:00 PM, the Queen Mary 2 docked at Blohm+Voss at dry dock ELBE 17, well-known to the ocean liner. There, the flagship of the long-established British

Wedding Cruise Ship Runs Aground in Boston

The Boston Harbor Cruises' Majesty ran aground in Boston Harbor on Saturday. All 137 passengers were unharmed and transferred to the Asteria, another Boston Harbor Cruises vessel, according to the U.

Royal Caribbean Orders 3 Ships from STX

Following the delivery of Harmony of the Seas on May 12 in Saint-Nazaire, the American group Royal Caribbean Cruises Ltd. signed an order for three additional vessels,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
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: 0.1138 sec (9 req/sec)