In the company's shallow-water sub-salt exploration play, the Heron well (25% WI/ 17.8% NRI), located on Main Pass Block 295 and operated by Apache, currently is preparing to drill out from casing run to 10,510 feet MD/ 10,500 feet TVD, targeting multiple sands trapped against a salt dome. The well has initially encountered 76 feet of net oil pay in two sands, as identified with wireline logging equipment. Drilling continues toward deeper primary targets with a proposed depth of 20,000 feet TVD.The Merlin well (50% WI/ 41% NRI), located on Vermilion Block 178, was spud in mid-June and currently is drilling below 8,536 feet MD/ 8,166 feet TVD. Energy XXI is the operator at Merlin, which is targeting multiple oil and gas sands trapped against a salt dome, with a proposed depth of 15,700 feet TVD.
Energy XXI Provides Fiscal Year-End Reserves Estimates And Operations Update
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