ATP commences oil production at Mississippi Canyon 941 -3 well

10/11/2010

ATP Oil & Gas, which is engaged in the acquisition, development and production of oil and natural gas properties, has commenced oil production at its Mississippi Canyon 941 -3 well in the deepwater Gulf of Mexico.

The initial rate and associated pressures exceeded original expectations and the well established a rate in excess of 7,000boe per day. The Mississippi Canyon 941 -3 well is located on the Mirage Field and is the second well brought on production at the Telemark Hub location utilizing the ATP Titan floating drilling and production platform.

As per Bureau of Ocean Energy Management guidelines with initial production the MC 941-3 will be renamed the MC 941 A-1. When drilled, the A-1 well encountered four Miocene sands totaling 266ft of pay. The A-1 well is completed at a measured depth of 16,300ft in two of the discovered sands. Plans are to commingle production from the two completed sands.

ATP operates the deepwater Telemark Hub in approximately 4,000ft of water with a 100% working interest and holds a 100% ownership in ATP Titan which owns the ATP Titan and associated pipelines and infrastructure.

A service of YellowBrix, Inc.

 


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