GulfSlope gets three-year extension for Tau block

first_imgThe U.S. Bureau of Ocean and Energy Management (BOEM) has agreed to grant GulfSlope a three-year extension of the term of its lease number OCS-G-35244 for Ship Shoal block 336, on its Tau Prospect in the Gulf of Mexico.Ensco 102 & Transshelf; Source: Wikimedia – under the public domainThis lease has now been extended until June 30, 2022, GulfSlope said on Thursday. Also covering the Tau Prospect is Ship Shoal block 351 under lease to GulfSlope and partners. This lease also expires in 2022.According to the company, the extension on SS 336 provides GulfSlope with additional time for further planning, rig preparation, and permitting of future operations, to test the original objectives of the significant Tau Prospect. GulfSlope and partners are reviewing and finalizing options for additional drilling to include drilling a replacement well.Work currently underway includes detailed engineering of the wellbore path and casing design, based on the pore pressure profile encountered in the GSPE SS 336 No. 1 well.This well reached a True Vertical Depth (TVD) of 14,987 feet on May 5, 2019, and no further progress could be made at that time due to geomechanical issues. Fluid Inclusion Technology analysis indicates that the sand bodies encountered below salt experienced several pulses of liquid petroleum migration.The targets in a replacement well include a seismic amplitude package immediately below 16,500 feet that is correlative to the T, U and V sands that produce oil at the nearby Mahogany Field, as well the deeper M-3, M-4, M-5 and M-6 Miocene levels. Based on proprietary mapping of reprocessed 3D seismic data coupled with advanced noise suppression technology, the total resource potential in the Tau Prospect is estimated to contain in excess of 300 million barrels of oil equivalent.GulfSlope will be required to file an exploration plan and upon approval, will file an application for permit to drill for the drilling of the second well at Tau.GulfSlope has contracted the Ensco 102 jack-up rig to drill a subsalt test well at Vermilion 375 (Corvette Prospect) later this year, with an option for additional work. That rig is also suitable for drilling a second well at Tau.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.last_img read more

Deery Series is bound for Boone on Memorial Day

first_imgBOONE, Iowa – Still looking for a repeat winner this season, the Deery Brothers Summer Series travels to Boone Speedway for its traditional Memorial Day show next Monday, May 25.Corey Zeitner, defending champion Justin Kay, Joel Callahan and seven-time IMCA Late Model tour champ Jeff Aikey each have single series wins so far. Andy Nezworski, however, has yet to finish outside the top five and brings the point lead to town.The main event at Boone pays $3,000 to win and a minimum of $300 to start. Pit gates open at 2 p.m., the grandstand opens at 3 p.m., hot laps are at 4 p.m. and racing starts at 5 p.m.Grandstand admission is $15 for adults, $7 for students ages 13-17 and free for kids 12 and under when accompanying a paid adult. Pit passes are $30.Forty-two previous Deery events have been held at Boone, 13 of them on Memorial Day.Five of Aikey’s series-leading 64 victories have come at Boone, including the 2013 and 2014 IMCA Speedway Motors Super Nationals fueled by Casey’s main events. Gary Webb is a four-time Super Nationals champion and Ray Guss Jr. counts last year’s Memorial Day checkers among four career Boone Speedway wins of his own.Completing the holiday program at Boone are IMCA Sunoco Stock Cars, Karl Chevrolet Northern SportMods and IMCA Sunoco Hobby Stocks, running for all applicable points.More information is available from promoter Robert Lawton at 515 987-1220 and at the website.Deery Brothers Summer Series top 20 point standings – 1. Andy Nezworski, Buffalo, 188; 2. Justin Kay, Wheatland, 180; 3. Corey Zeitner, Omaha, Neb., 169; 4. Joel Callahan, Dubuque, 167; 5. Scott Fitzpatrick, Wheatland, 165; 6. Tyler Bruening, Decorah, 152; 7. Jeff Aikey, Cedar Falls, 145; 8. Joe Zrostlik, Long Grove, 141; 9. John Emerson, Waterloo, 138; 10. Todd Malmstrom, Silvis, Ill., 137; 11. Charlie McKenna, Clear Lake, 134; 12. Andy Eckrich, Oxford, 128; 13. Jeremy Grady, Story City, 120; 14. Brian Harris, Davenport, 118; 15. Matt Ryan, Davenport, 113; 16. Darrel DeFrance, Marshalltown, 107; 17. Ryan Dolan, Lisbon, 101; 18. Curt Martin, Independence, 91; 19. Brunson Behning, Davenport, 88; 20. Jason Rauen, Farley, 86.last_img read more