Printer Friendly

SEAGULL ENERGY ANNOUNCES NATURAL GAS DISCOVERY ON SOUTH MARSH ISLAND

 HOUSTON, March 9 /PRNewswire/ -- Seagull Energy Corporation (NYSE: SGO) today announced its first natural gas discovery of 1993.
 The new discovery is on South Marsh Island, North Addition, Block 255 in 25 feet of water about 53 miles southwest of Morgan City, La., in the Gulf of Mexico.
 The 1 OCS-C-9564 well encountered a total of 30 feet of productive sands in two zones. The lower zone, at a depth between 10,000 and 10,100 feet, was tested at a flow rate of 7.6 million cubic feet of gas per day (MMcf/d) through a 20/64-inch choke with a flowing tubing pressure of 2,819 pounds per square inch (psi). The upper zone, at a depth between 9,400 and 9,500 feet, was tested at a rate of 8.1 MMcf/d through an 18/64-inch choke with a flowing tubing pressure of 3,380 psi.
 Seagull's exploration and production subsidiary is the operator and has a 50 percent working interest in South Marsh Island, North Addition, Block 255. Other partners, each with 25 percent working interests, are Ashland Exploration, Inc., a subsidiary of Ashland Oil, Inc. (NYSE: ASH), and Equitable Resources Energy Company, a subsidiary of Equitable Resources, Inc. (NYSE: EQT).
 Seagull and its partners are formulating plans for additional development. Initial production is anticipated during 1993.
 In addition to its gas and oil exploration and production activity, Houston-based Seagull is engaged in the transportation, distribution and marketing of natural gas, liquids products and petrochemicals, and natural gas processing.
 -0- 3/9/93
 /CONTACT: Alan Payne of Seagull Energy Corporation, 713-951-4700/
 (SGO)


CO: Seagull Energy Corporation ST: Texas IN: OIL SU: DSC

CK -- NY036 -- 4457 03/09/93 10:32 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 9, 1993
Words:286
Previous Article:ECOLOGY AND ENVIRONMENT INC. ANNOUNCES SECOND QUARTER 1993 RESULTS
Next Article:PRIMERICA CONFIRMS TALKS BETWEEN ITS SMITH BARNEY SUBSIDIARY AND SHEARSON LEHMAN BROTHERS
Topics:


Related Articles
ANADARKO AND PARTNERS ANNOUNCES GAS DISCOVERY OFFSHORE
SEAGULL ENERGY ANNOUNCES DISCOVERY IN SEAGULL TREND
SEAGULL ENERGY CORPORATION ANNOUNCES NATURAL GAS DISCOVERY
SEAGULL ENERGY DISCOVERS OIL OFF LOUISIANA COAST
SEAGULL ENERGY ANNOUNCES TEST RESULTS FOR WELL IN GULF OF MEXICO
SEAGULL ENERGY CORPORATION ANNOUNCES NATURAL GAS DISCOVERY
Seagull Energy Announces Details Of Natural Gas Discoveries
Seagull Energy Corporation Announces Completion of Egyptian Well
Equitable Resources Energy Company Announces Additional Success In South Marsh Island Block 39 in the Gulf of Mexico
Seagull Makes Offshore Louisiana Discovery.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters