W&T Offshore has discovered a significant hydrocarbon reserve at the Ewing Banks 954 A-8 exploratory well in the Gulf of Mexico.
The well represents the second discovery in a two-well drilling programme from the EW 910 platform.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
A previous discovery was made at the ST 320 A-5 well in May 2015 and was also drilled from the same platform.
EW 910 platform is operated by W&T Offshore with a 50% working interest.
W&T Offshore noted that the well penetrated a total of 150ft of measured depth hydrocarbon pay contained in two sands.
W&T Offshore chairman and CEO Tracy Krohn said: "We are especially pleased with the high-quality pay sands found in the A-8 well, which should allow for higher reserve recovery.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"This discovery also helps de-risk several additional opportunities we have identified as part of our future plans to drill and develop the area."
Completion operations are going on at present, with a planned two-zone completion.
First production from the well is expected during the first quarter of 2016 after completing facility tie-in.
The company anticipates to produce at a gross rate of about 2,300boe per day from the two zones.
