BP America announced on October 15, 2008 an oil discovery at its Freedom Prospect in the deepwater Gulf of Mexico.
The well, located in Mississippi Canyon Block 948, USA, is in about 1,860 metres of water. The Freedom well was drilled to a total depth of approximately 8,927 metres and encountered greater than 167.64 metres of hydrocarbon-bearing sands in Middle and Lower Miocene reservoirs. “The Freedom well is our third discovery in this part of the deepwater Gulf of Mexico following our Tubular Bells and Kodiak discoveries," said Andy Inglis, BP chief executive, Exploration and Production. "We believe that Freedom straddles Mississippi Canyon Block 948 and Mississippi Canyon Block 992 and we look forward to working with our various partners towards efficient development of these discovered resources." Appraisal is required to determine the size and commerciality of the discovery.
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Thursday, October 16, 2008
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