W&T Offshore discovers oil, gas at Ewing Banks 910; brings Medusa SS #6 well online
HOUSTON -- W&T Offshore has announced a new discovery at Ewing Banks 910 and first production from the SS #6 well at Mississippi Canyon 538 field (Medusa), both in the deepwater Gulf of Mexico.
W&T made a new discovery at Ewing Banks 910 with the successful drilling and evaluation of the Ewing Banks 910 A-5 ST well. The company logged 160 ft of gross hydrocarbon interval and is currently completing the well.
W&T expects recovery from the well to exceed their pre-drill estimates and anticipates that the well could be online and flowing by the end of the second quarter. W&T has a 50% working interest in this well.
The next well to be drilled at Ewing Banks 910 will be the A-8 exploration well, which, based on seismic data, is estimated to be a significantly larger reserve target than the recently successful A-5 ST well. The company has additional drilling locations in the area as a result of their ongoing geological and geophysical review of new WAZ seismic data.
W&T has also announced that the recently drilled Medusa SS #6 well has been completed and has achieved first production, flowing at a gross rate of approximately 8,000 bbl of oil and 6 MMcf of natural gas for a combined total rate of 9,000 boed. A second extension well at Medusa, the SS #7 well, is currently being completed. W&T has a 15% working interest in the Medusa field.
The company also reported that progress is being made on the work to bring the Mississippi Canyon 698 Big Bend and Mississippi Canyon 782 Dantzler fields online. Three vessels are currently in the field, with one performing umbilical installation work, one conducting sea trials before the pipeline system is installed and another serving as a flotel for the preparation of the topside facilities at Thunderhawk, the host platform.
Production from Big Bend is expected to commence in the fourth quarter of 2015 and production from Dantzler is now expected to commence near the end of 2015. This is slightly ahead of prior scheduling.
