Texaco has discontinued appraisal drilling of the Fuji and adjacent McKinley prospects in the Gulf of Mexico. Fuji is located 150 miles southwest of New Orleans. The No. 1 rank wildcat well (Green Canyon Block 506) was drilled in 1995 and encountered more than 180 ft. of oil pay. Three subsequent appraisal wells - two of which encountered notable oil pay - were drilled over the past three years. Test data, however, indicated the reservoirs were of limited areal extent. McKinley is located immediately northwest of Fuji. The No. 1 rank wildcat (Green Canyon 416) was drilled in 1998 and encountered more than 100 ft. of oil pay. An appraisal well drilled did not encounter significant hydrocarbons and was declared a dry hole.