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Anadarko announces plans for Lucius discovery

After hitting almost 600 net feet of oil pay with a sidetrack appraisal of the Lucius find, Anadarko is considering options for the deepwater Gulf of Mexico well. The discovery well, which was announced last month, was drilled to a total depth of about 20,000 feet and hit more than 200 net feet of pay.

The find also included further gas-condensate pay in thick subsalt Pliocene and Miocene sands.

The Lucius appraisal well was drilled as an up-dip sidetrack, about 3200 feet due south of the discovery well. in Keathley Canyon Block 875.  It was drilled to a total depth of 20,600 feet in water depths of about 7100 feet.

The reservoir quality appears to be better than that of the Paleogene reservoirs and Anadarko stated that existing technology could be used, in contrast to the Paleogene discoveries, which require advances in completion technology.

Because the formations are shallow, the wells should be reasonably fast, and therefore relatively low-cost, to drill. Well was drilled in less than 2 months and reached 20,000 ft much faster than Paleogene wells in the area, which usually can take several months

Lucius lies 7.5 miles east of Chevron’s 2009 Paleogene Buckskin discovery, where ExxonMobil and Eni have also drilled wells in the area targeting similar formations.

Anadarko operates Lucius with a 50% working interest. Co-owners in the discovery include Plains Exploration & Production Company (33.33%) and Mariner Energy (16.67%).

01/27/2010

 

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