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The wells, which will test mapped potential of about 15 to 18 billion cubic feet equivalent of gas net to Petsec Energy, are being drilled from the company’s recently installed Main Pass 19 platform, 128 kilometres southeast of New Orleans, the company said.
Spudded on Sunday, the Main Pass 19-G7 well was drilled in 12 metres of water and has a planned total depth of 2,259 metres.
Petsec will earn a 45.83% interest in the program by funding 55% of the operational costs.
The new drilling program at Main Pass 19 follows the successful drilling of three initial wells between April and June this year, which discovered 13 bcf of gas net for the company.
The company said current US natural gas prices were more than US$14 per thousand cubic feet.
Petsec focuses on gas in the shallow waters of the Gulf of Mexico and onshore Louisiana Gulf Coast region of the US, and on oil in the shallow waters of the Beibu Gulf off the south coast of China.
