Project Profile
Value: Undislocsed
Location: South Marsh Island Block 230
Reserves: 4.4 trillion cubic feet of gas
Water Depth: 20 feet (6 metres)
Start-up Year: -
Davy Jones is located on South Marsh Island Block 230 in 20 feet (6 metres) of water in the Gulf of Mexico. McMoRan estimates Davy Jones holds 4.4 trillion cubic feet of gas equivalent in gross resource potential. McMoRan holds a 63.4% operating stake in Davy Jones, where it is partnered by Energy XXI on 15.8%, JX Nippon Oil Exploration (Gulf) on 12% and Moncrief Offshore on 8.8%.
In June 2009, a jackup re-entered an old wellbore that was drilled to the top of the salt range. Seven months later, on Jan. 11, 2010, the discovery well reached a total measured depth of 28,263 feet (8,615 metres), and the well was logged with pipe-conveyed wireline logs to 28,134 feet (8,575 metres). The results of the wireline log test indicate a total of 135 net feet (41 metre) of hydrocarbon bearing sands are located in four zones in the Wilcox section of the Eocene/Paleocene reservoir.
The ultra-deep well was further drilled to 28,603, from 28,263, and the wireline log results indicated a total of 65 net feet of hydrocarbon-bearing sands. Additional net pay brings the total possible productive net sands to 200 feet (61 metres) in the Davy Jones well.
McMoRan further deepened the well to 29,122 feet (8,876 metres) to test additional objectives and to perform flow testing by 2012. If tests and development drilling prove fruitful, the operator expects reserves in the multiple-trillion cubic foot range.
Operators:
McMoran: Operator with 63.4% interest
EXXI: 15.8% interest
Nippon Oil: 12% interest
Moncrief Offshore LLC: 8.8% interest
Contractor:
Baker Hughes: Full suite of technologies designed for high-pressure, high-temperature environments