In the Main Pass 61 field (100% WI/ 78% NRI), the Don Lino well has been drilled to a total depth of 9,550 feet MD/ 8,200 feet TVD, and has logged 126 feet of net pay in three sands. The high-angle well will be dual-completed into the J-6 and BA-4AA sands and is expected to be brought online in mid-November with a flow rate of 1,400 Bbl/d gross. The Don Carlos well will follow Don Lino at Main Pass and will also be a dual-completion into the J-6 and BA-4AA sands.In the company's shallow-water salt dome exploration play, the Heron well (25% WI/ 17.8% NRI), located on Main Pass Block 295 and operated by Fieldwood, has reached total depth of 19,555 feet MD/ 19,510 feet TVD. In addition to the previously announced 76 feet of net oil pay encountered in two shallow sands, the well subsequently found oil pay across multiple sands between 11,400 feet and 16,700 feet MD, bringing the total to 100 feet of net oil pay. The well is being evaluated to determine a delineation and development program for the discovery, with follow-up drilling expected to begin around calendar year end.
Energy XXI Provides Operations Update, Hosts Fourth Annual Investor Day
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts