Statoil finds oil at Yeti in GoM

Offshore staff

HOUSTON Statoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico.

The Yeti discovery was made in Walker Ridge block 160, which is approximately 15 km (9 mi) south of the Big Foot field, and 11 km (7 mi) from the Cascade field.

Yeti was drilled with the Maersk Developer drilling rig, a sixth-generation semisubmersible. Statoil reports that its drilling efficiency with Yeti was among the best of any well drilled in Walker Ridge, achieving a rate of approximately 123 m (400 ft) per day.

The rig has moved to drill on Statoil’s Thorvald prospect in the Mississippi Canyon block 814.

“The Yeti discovery expands the proven subsalt Miocene play further south and west of the Big Foot field,” said Jez Averty, Statoil’s senior vice president, exploration for North America. “We are analyzing data to determine the size of the discovery in order to consider future appraisal options.”

Statoil (50%) operates Yeti. Its partners are Anadarko (37.5%) and Samson (12.5%).


The Yeti discovery
Map courtesy Statoil

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...