W&T Offshore Discovers New and Deeper Productive Reservoirs at Ship Shoal 349 Mahogany Field

W&T Offshore Discovers New and Deeper Productive Reservoirs at Ship Shoal 349 Mahogany Field

“The A-18 success exceeded our pre-drill expectations and underscores the large potential in the prolific Mahogany ‘T’ sand. It achieved our main well objectives in the primary target zone and logged 149 feet of pay in a total of five reservoirs. By design, the well penetrated the field’s historic producing intervals – the ‘P’ and ‘Q’ sands – in the highest structural position in the field’s history. This sets up a very attractive attic recovery project in an area of the field with good water drive characteristics and recovery efficiency. “Our exploratory tail has confirmed the presence of hydrocarbon-bearing sands in a trapped position beneath our currently productive ‘T’ sand and further extends the vertical column in the field to these previously unpenetrated reservoirs. The well’s success is expected to generate several high-quality additions to our organic drilling inventory, including a future extension of the main ‘T’ sand based on this most recent penetration, a crestal development well opportunity to exploit the western ‘P’ and ‘Q’ attic area, and deeper drilling opportunities to exploit and target the newly discovered deep ‘U’ sand. “Now that we have confirmed that the ‘U’ sand is oil bearing below our deepest current producing sand depth, the Company will evaluate opportunities to exploit this newly discovered resource potential across the field and will also look to continue extending the field’s vertical oil column,” Mr. Murphy concluded. The SS 349 A-18 well was drilled to a total vertical depth of approximately 20,000 feet in a water depth of 372 feet. It will initially be completed in the main objective Upper ‘T’ Sand and is expected to be placed on production early in the first quarter of 2017. The well completion will be set up for a low-cost future recompletion to the untested deeper ‘U’ sand, and the three additional sands in the ‘P’ and ‘Q’ intervals will be exploited as future recompletions or will be considered for further development well locations to accelerate value.   Source: W&T Offshore Oil and Gas Press Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

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