Inpex announces Shell discovery of 36-m oil pay in GoM Walker Ridge area

8/7/2013

Inpex announces Shell discovery of 36-m oil pay in GoM Walker Ridge area

TOKYO -- Inpex Corporation has announced that an exploration well drilled by Shell has encountered an oil bearing zone with 36 m of net pay in Walker Ridge 95/96/139/140 blocks.

The blocks are located 280 km off the coast of New Orleans, and cover an area of 87 sq km. The Yucatan North-1 well was drilled at water depth of 1,780 m and to the total depth of approximately 9,500 m. The data acquired during the drilling is currently being analyzed, and Inpex and its partners will proceed to further exploration activity.

Inpex holds a 15% participating interest and the other participants are Shell Operator with a 70% participating interest, and Anadarko with a 15% participating interest.

 

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