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W&T Offshore Inc. Message Board

  • phoenix_goal phoenix_goal May 1, 2013 1:02 PM Flag

    NBL updates Big Bend sanctioning

    We recently increased our working interest in Gunflint to 31% from 26%, and are currently drilling our second appraisal well. This well should complete our appraisal drilling and will help determine our development plan. There is a deep exploration zone to this well, which if successful can result in a standalone development. We expect results late second quarter or early third quarter, with a possible sanction to follow later in the year.

    Following the Gunflint appraisal, we plan to drill the offset to our Big Bend discovery at Troubadour. If successful, Troubadour would likely be another subsea tieback similar to Big Bend. We expect to sanction Big Bend this year, and is possible that Troubadour could be sanctioned at the same time and codeveloped with Big Bend.

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