HOUSTON – Noble Energy Inc. is P&A’ing the Silvergate exploration well, drilled on Mississippi Canyon block 339 in the Gulf of Mexico, after it failed to encounter commercial hydrocarbons. Noble Energy operated the Silvergate well with a 50% working interest.
Upon completion of operations at Silvergate, the rig will move to Green Canyon block 39 and commence drilling an appraisal well at the Katmai oil discovery. The appraisal well is designed to test additional gross resource potential beyond the 40-60 MMboe already discovered.
Results from the Katmai appraisal well are expected in the early part of 4Q 2016.
Potential development at Katmai would likely involve a subsea tieback into existing infrastructure. Noble Energy operates Katmai and has a 38% working interest in the appraisal well.
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