An Anadarko Petroleum well in the Gulf of Mexico struck 50 feet of "high-quality gas pay," said Chuck Meloy, the company's senior vice president of worldwide operations. Anadarko expects initial output at the well in 2012, he added.
Technip received a letter of intent from Anadarko Petroleum for the engineering, construction and delivery of a truss spar hull that will be used in the development of Anadarko's Lucius field in the Gulf of Mexico. The spar will be able to process 80,000 barrels per day of oil and 450 million cubic feet per day of natural gas.
Anadarko Petroleum found oil- and gas-bearing sands in one of its Gulf of Mexico test wells, boosting its shares. The company said it encountered 600 net feet of high-quality oil sands along with gas-bearing sands at the prospect, which was drilled to a total depth of about 20,600 feet.
Houston-based Anadarko Petroleum on Wednesday announced a new deepwater discovery in the Gulf of Mexico. Anadarko said it met 250 net feet of oil pay in the Vito exploration well in the Mississippi Canyon.
Anadarko Petroleum reported that first-quarter production hit 900 million cubic feet per day at the Independence Hub in the Gulf of Mexico. Anadarko, which runs the site on behalf of Enterprise Product Partners and Helix Energy Solutions Group, said output is capable of growing by another 100 million cubic feet per day.