Walter Oil & Gas To Bring Offshore Miocene Completion On Line
Drilling Activity Details
United States
Drilling Activity Summary
Description
Walter Oil & Gas Corp. plans to bring online early this year a second Miocene well in offshore Louisiana’s South Timbalier Block 311 Field. According to partner W&T Offshore, #2-A OCS G24990 was drilled from the A platform on South Timbalier Block 311. It bottomed south in Block 320. In W&T Offshore’s latest earnings release, the company announced the Gulf of Mexico well logged 163 ft of net pay. No total depth was disclosed, but completion work is ongoing, with the well to be placed online via existing infrastructure. The #3-A OCS G24990 is underway and is also scheduled to bottom in Block 320. This venture is also considered a low-risk Miocene opportunity. W&T holds a 10.8% stake in the South Timbalier Block 311/320 project. Walter’s headquarters are in Houston.
Walter Oil & Gas Corp. plans to bring online early this year a second Miocene well in offshore Louisiana’s South Timbalier Block 311 Field. According to partner W&T Offshore, #2-A OCS G24990 was drilled from the A platform on South Timbalier Block 311. It bottomed south in Block 320. In W&T Offshore’s latest earnings release, the company announced the Gulf of Mexico well logged 163 ft of net pay. No total depth was disclosed, but completion work is ongoing, with the well to be placed online via existing infrastructure. The #3-A OCS G24990 is underway and is also scheduled to bottom in Block 320. This venture is also considered a low-risk Miocene opportunity. W&T holds a 10.8% stake in the South Timbalier Block 311/320 project. Walter’s headquarters are in Houston.