CATEGORIZED | News

Marathon to repair 4th Droshky well in 2011

Posted on 09 September 2010

Image courtesy of www.marathon.com

Image courtesy of www.marathon.com

Marathon Oil’s Droshky development in the deepwater Gulf of Mexico began operations on time and under budget on 15 July and has since ramped up production to approximately 45,000 net bbl/day of oil equivalent, consisting of approximately 39,000 bbl/day of liquid hydrocarbons and 39 million cu ft/day of natural gas.

The Droshky development consists of four wells tied back to the third-party Bullwinkle platform. Three of the four wells are producing at better-than-projected levels, while production from the fourth well has been delayed due to an equipment issue. Marathon plans to re-enter the fourth well in Q1 2011 to make the necessary repairs.

“The Droshky field is performing well with good reservoir quality,” said Dave Roberts, Marathon’s executive vice president, Upstream. “Droshky is a successful development that is contributing significant, profitable production and value to Marathon’s Upstream portfolio.”

Marathon expects Droshky to produce at a peak rate of approximately 45,000 net bbl/day of oil equivalent, down from the original estimate of approximately 50,000 net bbl/day of oil equivalent. The additional work on the fourth well is expected to add approximately $25 million to the total project cost.

Droshky is located in approximately 3,000 ft of water in Green Canyon Block 244, about 160 miles southwest of New Orleans.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 21 November 2014

    Statoil cancels Stena Carron rig contract offshore Angola

    Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola...

  • 19 November 2014

    Stepwise approach guides Statoil’s North American onshore path

    When Statoil entered the North American onshore industry in 2008, it was a non-operator in a joint venture (JV) with Chesapeake in one shale play. Since then, Norwegian-based…

  • 18 November 2014

    Stilley: Despite challenging outlook, opportunities are plenty in the long term

    Opportunities abound for the drilling industry even in an environment of high costs and falling oil prices, Randall D. Stilley, President & CEO of Paragon Offshore, said...

  • 18 November 2014

    In well control, an ounce of prevention is worth a pound of cure

    It has been more than four years since Macondo, and the long-term effects of the oil spill are still being determined. “Oil is a natural substance that can be degraded...

  • 18 November 2014

    Plaisance: Well Control Institute evaluating priority topics

    The Well Control Institute (WCI) Board of Directors convened on 11 November in New Orleans. Moe Plaisance, who recently retired from Diamond Offshore Drilling, has...

  • Read more news