ATP to Resume Drilling in the Gulf of Mexico

22 March 2011 (Last Updated March 22nd, 2011 18:30)

ATP Oil & Gas Corporation has received a permit to resume drilling the Mississippi Canyon Block 941 #4 well in the Gulf of Mexico. The well at ATP's Telemark Hub, which lies in 4,000ft of water, was drilled to 12,000ft and cased during 2009. ATP chairman and CEO Paul B

ATP Oil & Gas Corporation has received a permit to resume drilling the Mississippi Canyon Block 941 #4 well in the Gulf of Mexico.

The well at ATP’s Telemark Hub, which lies in 4,000ft of water, was drilled to 12,000ft and cased during 2009.

ATP chairman and CEO Paul Bulmahn said that the permit is the first to be issued to a stationary deepwater facility since the Deepwater Horizon oil spill halted operations.

“The previous oil and gas wells that were allowed to continue production were drilled by mobile offshore drilling units,” Bulmahn said.

ATP has a 100% working interest in the deepwater Telemark Hub and is also its operator.