At the South Pass 49 field (57% WI/ 47% NRI), three successful workovers have been completed to the D-65 reservoir. Gross production from the three wells now totals 30 MMcf/d with 200 Bopd. The original A-7 well recompletion continues to produce at 20 MMcf/d gross, six months after being placed on production. The second recompletion, in the A-19 well, has gross production of 5 MMcf/d and 125 Bopd. The newest recompletion, in the A-17 well, was placed on production at 5 MMcf/d and 60 Bopd gross, with a flowing tubing pressure of 1,200 psi. The last two recompletions, the A-17 and A-19, are still unloading completion fluid and are expected to increase in rate.The Pendragon well, located on Vermilion Block 178, encountered mechanical issues and will be plugged and abandoned. A permit will be sought to re-drill Pendragon from a new surface location. Energy XXI expects to begin drilling Merlin, the largest prospect in the Vermilion inventory, in June. Merlin will target multiple sands and will be drilled to approximately 15,700 feet TVD. Energy XXI is the operator, with a 50 percent working interest and 40.6 percent net revenue interest.
Energy XXI Reports Fiscal Third-Quarter Results And Provides Operations Update
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