facebook
twitter
rss
account
search
search
 

New gas from Gulf of Mexico expected by 2015

Sept. 12, 2013 at 7:41 AM   |   Comments

HOUSTON, Sept. 12 (UPI) -- Results from a natural gas well in the Troubadour prospect in the deep waters of the Gulf of Mexico are better than expected, Noble Energy said.

Noble announced it made a natural gas discovery while drilling in the Troubadour exploration prospect in more than 7,000 feet of water in the Rio Grande complex of the Gulf of Mexico.

The company estimated the size of the discovery at between 50 million and 100 million barrels of oil equivalent.

"Results from the well have provided critical new information that indicates a greater than previously predicted oil recovery in the Rio Grande complex," Susan Cunningham, Noble's senior vice president for Gulf of Mexico operations, said in a statement Wednesday.

Noble said the well would be abandoned for future development. The company said it expected to start production at the Troubadour by the end of 2015.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Russian bank boss feeling sanctions pain Russian bank boss feeling sanctions pain
2
Additional sub-components being made for Ballistic Missile Defense radar Additional sub-components being made for Ballistic Missile Defense radar
3
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
4
Ukraine's State Guard Service receives armored personnel carriers Ukraine's State Guard Service receives armored personnel carriers
5
Army deploying JLENS radar system to help protect Washington, D.C. Army deploying JLENS radar system to help protect Washington, D.C.
Trending News
Video
x
Feedback