STORM surges from the recent Gulf of Mexico hurricanes had barely subsided before Petsec Energy announced it was spudding its Vermilion 258 #G-3 well in the region last week.
Petsec is drilling from the Vermilion 258 G platform location 114km off the Louisiana coast. The water depth is 47 metres and the total depth is 2002m. The G-3 well is an acceleration well designed to bring the upper sand encountered in theG-2 well into production about two years earlier than would otherwise be possible.
Petsec Energy has a 100% working interest and 83.33% net revenue interest in the
Vermilion 258 G-3 well.
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