NOBLE AFFILIATES ANNOUNCES START OF PRODUCTION FROM EUGENE ISLAND OFFSHORE LOUISIANA PROPERTY
NOBLE AFFILIATES ANNOUNCES START OF PRODUCTION FROM EUGENE ISLAND
OFFSHORE LOUISIANA PROPERTY
ARDMORE, Okla., Feb. 3 /PRNewswire/ -- Noble Affiliates, Inc. (NYSE: NBL) today announced that oil production has commenced from its Eugene Island 208 property, located offshore Louisiana in approximately 100 feet of water.
The field, which is producing from two wells drilled during 1991, commenced oil production at the rate of 1,600 barrels per day.
Noble's wholly owned subsidiary, Samedan Oil Corporation, is operator of the property and owns a 50 percent working interest. New England Energy, Inc., a wholly owned subsidiary of New England Electric System, headquartered in Westborough, Mass., owns the remaining 50 percent working interest.
Noble Affiliates, Inc. is an independent energy company with exploration and production operations throughout major basins in the United States, including the Gulf of Mexico and offshore California, as well as international operations primarily in Canada, Tunisia and Indonesia.
/CONTACT: William D. Dickson of Noble Affiliates, 405-223-4110/
(NBL) CO: Noble Affiliates, Inc. ST: Oklahoma, Louisiana IN: OIL SU: SH -- NY077 -- 6239 02/03/92 13:46 EST