Anadarko has deepwater oil discovery at Phobos-1 in GoM

Offshore staff

HOUSTON – The Anadarko Petroleum Corp. (NYSE: APC) Phobos-1 well in the deepwater Gulf of Mexico encountered approximately 250 net feet (76 m) of high-quality oil pay in Lower Tertiary-aged reservoirs.

The Phobos discovery, in Sigsbee Escarpment block 39, was drilled to a TD of 28,675 ft (8,740 m) in approximately 8,500 ft (2,591 m) of water, approximately 11 mi (18 km) south of Anadarko’s Lucius discovery. Anadarko is incorporating the data from the Phobos well to determine future activities.

Anadarko is the operator with a 30% working interest. Co-owners in Phobos are Plains Exploration & Production Co. (NYSE: PXP) with a 50% working interest and Exxon Mobil Corp. (NYSE: XOM) with a 20% working interest.

“Phobos is our first well in the previously untested Sigsbee Escarpment area of the Gulf of Mexico and successfully tested a significant four-way structure in the Lower Tertiary,” said Bob Daniels, Anadarko SVP International and Deepwater Exploration. “Phobos’ close proximity to our Lucius project is expected to further enhance the economics of this potential future development.”


Anadarko well Phobos 1

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...