W&T Offshore Inc. in May made a new discovery at Ewing Banks 910 with the successful drilling and evaluation of the Ewing Banks 910 A-5 ST well.
The company said in a May 28 statement that it logged 160 feet of gross hydrocarbon interval and expects that recovery from the well will exceed pre-drill estimates. W&T has a 50% working interest in the well.
W&T said that it also plans to drill the A-8 exploration well at Ewing Banks 910, which is estimated to be a larger reserve target than the A-5 ST well.
The company also announced in May that it completed the Medusa SS #6 well and achieved first production flowing at a gross rate of approximately 8,000 barrels of oil and 6 million cubic feet of natural gas for a combined total rate of 9,000 barrels of oil equivalent per day. The company also will complete a second extension well at Medusa – the SS #7 well. W&T has a 15% working interest in the Medusa field.
W&T also said that it is making progress on the Mississippi Canyon 698 “Big Bend” and Mississippi Canyon 782 “Dantzler” fields. According to the company, production from Big Bend is expected to commence in the fourth quarter of this year and production from Dantzler is expected to commence near the end of the year. The company expects the combined rate from Big Bend and Dantzler to reach in excess of 8,000 barrels of oil equivalent per day.
Oil and gas companies are regularly faced with many industry-specific issues to overcome. Such issues, including exploration and drilling, are often complex and intricate processes with many unique challenges to overcome. Data analytics can play a massive part in streamlining some of the most fundamental operations that are involved in the oil and gas industry.