Australian upstream company Woodside Petroleum Ltd has reported that the Neptune-3 well in the Gulf of Mexico has encountered a 450 feet gross hydrocarbon column with approximately 130 feet of net oil pay in the target sequence. An additional 20 feet of net oil pay was also encountered in another reservoir. Woodside owns a 20%…
AUSTRALIA: Woodside announces oil appraisal success in Gulf of Mexico
Posted on July 19, 2002 by EnergyAsia