LLOG Exploration Firm, L.L.C. has acquired 41 blocks of acreage encompassing roughly 236,000 acres within the East Breaks and Alaminos Canyon space of the deepwater Gulf of Mexico (GOM).
LLOG now owns a 100% working curiosity in and is the operator of all 41 blocks, the Louisiana-based firm mentioned in a information launch. The acreage sits north of LLOG’s Blacktip and Blacktip North deepwater discoveries in Alaminos Canyon blocks 335, 336, 337, 380, 381, and 424.
The corporate mentioned it drilled a profitable sidetrack on the Blacktip discovery within the third quarter of 2023 and is planning to drill an appraisal nicely at Blacktip North within the third quarter of 2024.
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LLOG COO Eric Zimmermann mentioned, “We’re excited so as to add this important further acreage, with 100% working curiosity, as a part of our ongoing lease acquisition technique. We imagine that the acquired acreage is complementary to our present portfolio and meaningfully extends our place within the Western GOM. This acreage is close to our Blacktip discovery and matches nicely with our regional improvement potential which we’re actively progressing. We’re in numerous phases of improvement for a number of tasks and we stay targeted on executing our technique of growing deepwater GOM tasks in our core areas”.
Final month, Karoon Power Restricted mentioned its Who Dat East exploration and appraisal nicely within the U.S. GOM confirmed constructive potential. The Who Dat East three way partnership members on a working curiosity foundation are operator LLOG with a 40 % stake, Karoon with 40 %, and Westlawn with 20 %.
Logging Whereas Drilling (LWD) and wireline logging information have indicated that numerous hydrocarbon-bearing sandstones have been encountered inside the focused Center Miocene turbidite sequences, Karoon mentioned in an earlier information launch.
Who Dat East is estimated to include 5.4 million barrels of oil equal (MMboe) of 2C contingent sources web to Karoon on a web income curiosity (NRI) 1 foundation and 10.7 MMboe of unrisked 2U potential sources web to Karoon on a NRI foundation. The mixture geological likelihood of success is estimated to be 62 %.
In an earlier assertion, LLOG President and CEO Philip LeJeune mentioned, “As proven from our latest outcomes and accomplishments, LLOG continues to execute our technique of growing deepwater GOM tasks in our core areas. We’ve been capable of develop oil manufacturing at our Who Dat area by means of discoveries, sidetracks and recompletions to the very best stage since April 2016. Along with Who Dat, we introduced on-line our Taggart area and extra wells at Spruance and Buckskin fields. We’re enthusiastic about our future as we’re in numerous phases of improvement for a number of tasks together with the Leon and Castile developments that can proceed to develop our footprint within the deepwater GOM. We’re pleased with our achievements and popularity as a trusted operator and the way these ideas prolong into our dedication to protected practices, environmental stewardship and adhering to the very best moral requirements”.
LLOG is a privately owned exploration and manufacturing firm targeted on the deepwater Gulf of Mexico. The corporate has an workplace in Houston, Texas.
To contact the writer, e-mail rocky.teodoro@rigzone.com
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