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W&T Hits TD at Latest Ewing Banks GOM Well; Preps to Spud Another
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W&T Offshore announced that it has successfully drilled an exploration well from the South Timbalier 311 platform that is part of the Ewing Bank 910 field.
The ST 320 A-2 exploratory well has reached total depth and is being prepared for completion. The Company logged approximately 163 feet of net hydrocarbon, which exceeds pre-drill estimates. W&T expects to have the well on production via existing infrastructure before year-end 2018.
Following the completion of the ST 320 A-2 well, the rig will spud the ST 320 A-3 well, another low-risk exploration opportunity in the Ewing Bank 910 field. Stratigraphic information from a high quality thick Miocene sand that was penetrated up-hole in the ST 320 A-2 well has lowered the perceived risk on the ST 320 A-3 oil prospect.
Both of these wells in the Ewing Bank 910 field are part of a drilling joint venture program established by W&T and private investors in 2018.
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