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Knotty Head Field

Name

Knotty Head

Location

Gulf of Mexico

Block

Green Canyon Block 512

Water Depth

3,500ft

Discovery

2005

Drilling Location

Mississippi Fan Foldbelt

Age

Lower Miocene

Rig

TransOcean Discoverer Spirit

Total Depth

34,189ft

14¾in Bit Run

11,545ft

Net Pay

600ft

Sidetrack Well

32,986ft

Net Pay

400ft

Estimated Recovery

200 to 500 million barrels of oil equivalent

Total Wells

At least 4

Operator

Nexen Petroleum 25%

Equity Partners

StatoilHydro 25&#37;<br />BHP Billiton 25&#37;<br />ChevronTexaco 25&#37;

Concept Screening Study

Floatec
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