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W&T Offshore Makes Three Gulf of Mexico Discoveries
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W&T Offshore, Inc. reported third quarter 2014 financial and operational results.
Highlights: Continued success in our deepwater Gulf of Mexico drilling program with two discoveries in the third quarter, both of which are being completed. Successfully drilled the Dantzler No. 2 well at Mississippi Canyon Block 782 and found over 121 net feet of oil pay in the target intervals. This well, in which we have a 20% working interest, increased the operator's estimate of the total gross resources at the field to between 65 and 100 MMBoe. The Atwater Valley 574 "Neptune" Field SB-03 well was also successfully drilled and found in excess of 300 feet of net pay. Our Gulf of Mexico shelf program had a successful exploration discovery at the East Cameron 321 A-2 ST well, which found over 140…Finish this article — free account or subscription
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