Anadarko (APC) Reports Success at Heidelberg-2 Appraisal Well in Gulf of Mexico

February 16, 2012 6:01 PM EST
Anadarko Petroleum Corporation (NYSE: APC) reports successful results of the Heidelberg-2 appraisal well, located in Green Canyon block 903 in the deepwater Gulf of Mexico, which encountered approximately 250 net feet of oil pay in high-quality Miocene sands.

The appraisal well was drilled to a total depth of 31,030 feet in approximately 5,000 feet of water, about 1.5 miles south and 550 feet structurally updip from the Heidelberg discovery well. Log and pressure data from the appraisal and discovery wells indicate excellent quality, continuous and pressure-connected reservoirs with the same high-quality oil. The initial Heidelberg discovery well was drilled in 2009 and encountered more than 200 net feet of oil pay.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News