LLOG Exploration Reports Deepwater Exploratory Discovery
The deepwater exploration company operating primarily in the Gulf of Mexico reported the drilling of a successful discovery on its Nearly Headless Nick exploratory prospect on Mississippi Canyon Block 387 in the deepwater Gulf of Mexico.
Louisiana-based company said that it has drilled successful discovery on LLOG’s exploratory prospect, Nearly Headless Nick, in Mississippi Canyon 387
Brought online five new fields in 2018, of which four initiated production in the fourth quarter, adding a total of eight new producing wells in 2018, it said.
It also revealed that the five LLOG-operated fields represents over half of the nine total fields brought online in the entire Deepwater GOM
The company is forecasting three new fields being brought online in 2019 from five wells.
"Four additional development wells from existing fields also expected to be brought online in 2019," it said.
Progressing 10 development projects as a result of prior exploratory successes Philip LeJeune, President and CEO of LLOG, commented, “We continue to build on the many accomplishments that we have achieved at LLOG in the deepwater GOM. We had a number of significant achievements in 2018, including bringing on eight new wells, continued exploration successes and being named operator in new projects."
Philip also said: "At our Delta House FPS, our continued discoveries and new well productivity has exceeded our expectations, resulting in our Delta House platform currently operating at maximum capacity. In 2018, there were nine new fields brought online across the GOM, and we are proud that LLOG was the operator of five of those fields. All of these accomplishments are evidence of our ability to continue to execute on our strategy of generating deepwater prospects in areas of proven success near existing infrastructure that can be drilled, developed and placed on production efficiently and economically."
