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Article: MARATHON SUCCESSFULLY TESTS SOUTH PASS 87 DELINEATION WELL; RESERVE ESTIMATES FOR THE AREA REACH 80-100 MMBOE
- Article from:
- PR Newswire
- Article date:
- July 17, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MARATHON SUCCESSFULLY TESTS SOUTH PASS 87 DELINEATION WELL;
RESERVE ESTIMATES FOR THE AREA REACH 80-100 MMBOE
HOUSTON, July 17 /PRNewswire/ -- Marathon Oil Company (NYSE: MRO) today announced that a fourth well on its South Pass 87 Block in the Gulf of Mexico tested at a daily rate of 2,590 barrels of 35.7-degree API gravity crude oil and 4.6 million cubic feet of natural gas at a flowing tubing pressure of 4,106 psi on a 22/64-inch choke.
The well encountered 90 feet of oil pay in Pliocene sandstones above the apparent water-oil contact and tested from 28 feet of perforations. The well established a proven hydrocarbon column extending over a minimum of 1,300 ...