Petsec spuds 3rd Marathon offshore gas development well

Thursday, March 8, 2012      
 
  • Located in shallow gas/condensate field.
  • Will serve as a further development well for the field.
  • New pipeline options for the Marathon field currently being evaluated.
  • This would allow for increased production from the existing and new wells

Petsec Energy advise that a third well has been spud on the Marathon gas/condensate field, located in the shallow waters of the Atchafalaya Bay along the Louisiana Gulf Coast, USA. The well was spud on 4 March 2012 and will serve as a further development well for the field.

The 19,000 feet (5,900 metres) well is situated in approximately 8 feet (2.4 metres) water depth and is located less than 200 metres from the #1 well location. Drilling operations are expected to take 107 days to reach total depth, log and case. Petsec's estimated net cost to drill, log and case is US$1.5 million.

New pipeline options for the Marathon field are currently being evaluated which would allow for increased production from the existing two wells, this third well, and further development wells


 

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Petsec Energy United States North America Operations Update Spud Watch


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