BP and Texaco Announce New Deepwater Gulf of Mexico Oil Discovery

abarrelfull wrote on 15 Jan 2014 07:53
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June 20 2001

BP and Texaco today announced an oil discovery in approximately 7,000 feet of water in the Mississippi Canyon area of the Gulf of Mexico. The discovery well was drilled by BP (77.5%) on behalf of itself and partner Texaco (22.5%) on a prospect called Blind Faith. The well was drilled to a total depth exceeding 25,000 feet from the water line. Blind Faith was the first well drilled by the dynamically positioned semi submersible drilling rig Ocean Confidence, owned by Diamond Offshore Drilling Company.

The discovery was made on Mississippi Canyon Block 696, approximately 175 miles Southeast of New Orleans. The reservoir covers parts of two blocks, MC 696 and 695, some 20 miles East of BP's Crazy Horse discovery, the largest field ever discovered in the Gulf of Mexico.

• BP and Texaco Announce New Deepwater Gulf of Mexico Oil Discovery

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