Project Profile
Value: Undisclosed
Location: Northern Mississippi Canyon, GOM, USA
Area: Mississippi Canyon 72
Water depth: 548.64 metres
Exploration start-up: April 2018
Derbio is located in northern Mississippi Canyon southwest of the Pompano Field. The prospect is an amplitude supported 4-way closure of middle Miocene sands. The Derbio targeted sands were recently discovered at DGE III’s Mississippi Canyon 116 #1 Rampart Deep. Working interest partners in the Derbio prospect are Stone with 40%, Deep Gulf Energy III, LLC with 30%, and two entities managed by Ridgewood Energy Corporation, Ridgewood Rampart, LLC and ILX Prospect Rampart, LLC, each owning 15%.
Operators:
Stone Energy: 40% interest
Deep Gulf Energy III, LLC: 30% interest
Ridgewood Rampart, LLC (managed by Ridgewood Energy Corporation): 15% interest
ILX Prospect Rampart, LLC (managed by Ridgewood Energy Corporation): 15% interest