Project Profile
Value: Undisclosed
Location: Walker Ridge Blocks 925 and 969 in Gulf of Mexico
Water Depth: 8,704 feet (2,653 metres)
Discovery Date: October 2011
The Logan prospect is situated in a water depth of 8,704 feet (2,653 metres) in the Gulf of Mexico, located on Walker Ridge Blocks 925 and 969. Statoil serves as the operator and holds a 40% working interest; Petrobras holds a 50% interest; and CNOOC holds the remaining 10% interest.
On April 23, 2009, the partners submitted an IEP to drill and temporarily abandon four wells on Walker Ridge Blocks 925 and 969 using Transocean\'s drillship Discoverer Americas. Drilling commenced July 1, 2009 and was scheduled to end on January 1, 2011.
Operators:
Statoil: Operator with 40% interest
Petrobras: 50% interest
CNOOC: 10% interest
Contractors:
Transocean: Drilling contract