Noble Energy finds oil in deepwater Gulf of Mexico’s Big Bend

Posted on 29 November 2012

Noble Energy has made a discovery at the Big Bend exploration prospect in deepwater Gulf of Mexico. The well, located in 7,200 ft of water on Mississippi Canyon Block 698, was drilled to a total depth of 15,989 ft. Open-hole logging identified approximately 150 ft of net oil pay in two high-quality Miocene reservoirs.

“The discovery at Big Bend is an exciting follow-up to our recent success at Galapagos,” Charles D. Davidson, chairman and CEO of Noble Energy, said. “The well results appear at least as good as our pre-drill mean resource expectations and de-risked our offset prospect Troubadour. The combination of excellent reservoir properties, fluid characteristics and our high working interest in this project will contribute significant production and cash flow for our business.”

Noble Energy operates with a 54% working interest in Big Bend. Other interest owners are W&T Energy VI with 20%, Red Willow Offshore with 15.4% and Houston Energy Deepwater Ventures V with 10.6%.

Noble has also drilled the Scotia exploration well offshore Falkland Islands to a depth of 18,226 ft and reached its Cretaceous objective as expected on 2D seismic. The well experienced hydrocarbon shows while drilling the target section. Initial log analysis identified 164 ft of low-quality reservoir. The operator of the well, Falklands Oil and Gas (FOGL), intends to plug and abandon the well.

“We are encouraged by the well results,” Susan M. Cunningham, senior vice president of Exploration and Business Innovation for Noble Energy, said. “Although we did not see a substantial amount of reservoir section, virtually all sandstones with significant porosity in and below the target contained hydrocarbons. Following our imminent acquisition of 3D seismic, we will integrate well results and assess the economic viability of this particular prospect. The 3D seismic will also help identify future exploration activity on our 10 million gross acre position.”

Noble Energy holds a 35% interest and will become operator of the Northern Area Licenses on 1 March 2013. Partners include FOGL with 40% and Edison International Spa with 25%.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 23 July 2014

    Halliburton promotes Jeff Miller to President

    Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the...

  • 23 July 2014

    Statoil resumes production on Njord A platform

    Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down...

  • 22 July 2014

    Petrobras’ domestic oil production tops 2 million bbl/day in June

    Petrobras’ June oil production in Brazil averaged 2 million bbl/day (bpd), a 1.7% increase from May’s production of 1.9 million bpd. In addition, the production operated...

  • 22 July 2014

    Precision, Schlumberger partner to boost industrialization of North American unconventional drilling

    Precision Drilling has entered into a strategic technology and service agreement and marketing alliance with Schlumberger. Utilizing Precision’s Tier 1 drilling rigs and...

  • 22 July 2014

    Easternwell to manage delivery of onshore servicing rig for Brunei

    Australia’s Easternwell, a subsidiary of Transfield Services, has expanded internationally through an agreement with Flux O.S. SDN BHD (Flux), a Bruneian oil and gas company...

  • Read more news