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New gas from Gulf of Mexico expected by 2015

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.

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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.

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