Exploration & Production | Discoveries
W&T Makes GoM Discovery; Drills First Wolfcamp Well
Print
|
W&T Offshore Inc. has reported a discovery at the Big Bend exploration prospect in the deepwater Gulf of Mexico. The well is located on Mississippi Canyon Block 698 in 7,200 feet of water and was drilled to a total depth of 15,989 feet. Open-hole logging identified approximately 150 feet of net oil pay in two high-quality Miocene reservoirs. W&T Offshore holds a 20% working interest in this well, which is operated by Noble Energy, Inc.
Tracy W. Krohn, W&T Offshore's Chairman and Chief Executive Officer, stated, "This well is an excellent oil discovery that should provide a very attractive economic return on investment. It represents the type of deepwater Gulf of Mexico project that we have increased our exposure to over the last few years. The logging and pressure/volume/temperature…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Permian News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…