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The well, located in 23m of water offshore Louisiana in the GoM, encountered three hydrocarbon bearing sands with a total of 13m of net gas pay.
The success follows the failure of the initial West Cameron 352 #A-14 well bore and is the second hole of a three well program testing for a combined total unrisked mapped potential of 10bcf to 16bcf of natural gas.
Production casing is being set prior to the well being completed for production. No reserve estimates are currently available although the well results are consistent with the pre-drill mapped potential of 4-6 billion cubic feet (gross) of natural gas.
Petsec Energy will drill the West Cameron 343 #A-19 well when current activities on the West Cameron 352 #A-14ST well are completed.
The well, also to be drilled from the West Cameron 352 'A' production platform will test targets in the adjoining West Cameron 343 lease.
Petsec has a 75% working interest and a 57.375% revenue interest in West Cameron 352 #A-14-ST and a 100% working interest and an 82.33% net revenue interest in the West Cameron 343 #A-19 well.