Fri, Oct 31, 2014, 4:04 AM EDT - U.S. Markets open in 5 hrs 26 mins

Recent

% | $
Quotes you view appear here for quick access.

Energy XXI (Bermuda) Limited Message Board

nickflooding2 2 posts  |  Last Activity: Oct 28, 2014 9:03 AM Member since: Jul 3, 2009
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • In September and October 2014, flow testing was performed on middle Miocene sand sections in the Blackbeard West No. 2 well on Ship Shoal Block 188, in which FM O&G has a 69.4 percent working interest. During the testing period, the well flowed at a rate of approximately 2,000 barrels of water per day with flowing tubing pressure of approximately 9,000 pounds per square inch. While the well did not result in hydrocarbon production in commercial quantities, this water rate indicates that subsalt sands on the Shelf below 20,000 feet are capable of substantial production rates. Based on the porosity and permeability properties of the sand, FM O&G believes, if the sand had been full to base, the sand could have flowed at a rate of approximately 50 million cubic feet of natural gas per day. The well will be temporarily abandoned while FM O&G evaluates plans to complete and test shallower upper Miocene sands in the well. A rig will be moved to Blackbeard East in fourth-quarter 2014 to complete and test the middle Miocene sands in this well. FM O&G holds a 90 percent working interest in Blackbeard East. FM O&G has completed the Davy Jones No. 2 well and is conducting a flow test of the Wilcox sands. FM O&G holds a 75 percent working interest in Davy Jones.

  • Reply to

    EXXI will be $25 by October, watch!

    by jetson.george39 Aug 14, 2014 6:31 PM
    nickflooding2 nickflooding2 Aug 15, 2014 9:09 AM Flag

    October of what year?

EXXI
7.36-0.58(-7.30%)Oct 30 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Groupon, Inc.
NasdaqGSThu, Oct 30, 2014 4:00 PM EDT
Flextronics International Ltd.
NasdaqGSThu, Oct 30, 2014 4:00 PM EDT