Texas South Energy Inc. (fka TXSO)

[klimanjaro]

https://cdn2.hubspot.net/hubfs/1545457/Upstream/PDFs/UPS%20US%20Gulf%20Focus_August2018.pdf?__hssc=215245651.1.1534192820269&__hstc=215245651.c4ec599a496a86e950ae5d68bc3e5266.1534

Gulf Slope is mentioned in the previous posted article alongside the 10 Majors , so you know what this meas for TXSO
Steady pace for US Gulf deep exploration
KATHRINE SCHMIDT
Houston
Drilling activity carries on at
modest pace, with operators
setting plans for new wildcats
EXPLORATION in the US
Gulf of Mexico continues
to creep along at a modest
pace, with a handful of
explorers taking advantage of low
service costs for a drilling push
while others are lining up plans
for wildcatting down the line.
Chevron and Total are still on
location in Mississippi Canyon 610
with their next joint test of the
Norphlet trend, the Twickenham
prospect. The well was initially
cleared to spud in March, according
to Bureau of Safety & Environmental
Enforcement records.
The objective is being targeted
by the drillship Pacific Sharav in
about 7089 feet of water.
That well is just two blocks west
of Dover, Shell’s most recent Norphlet
discovery, in MC 612.
Earlier this year Chevron and
Total announced a discovery with
over 670 feet of net oil pay at Ballymore,
which lies just three
miles (4.8 kilometres) from Chevron’s
existing Blind Faith platform.
Chevron also recently received
approval on an exploration plan to
drill the Crown prospct on Green
Canyon blocks 717, 760, and 761, US
records show.
The site lies about 124 miles offshore
in 5470 feet of water. The
blocks in question lie a single
block north and two west of the
original Anchor find in GC 807.
Work had initially been scheduled
to start as soon as June, with
drilling lasting 200 days, but no
drilling permit is apparent in
BSEE public records.
A successful discovery at Crown
could potentially add volumes to
what Chevron has long been referring
to as a hub-class discovery at
Anchor, which was discovered in
2014 and successfully appraised
shortly thereafter in 2015.
Murphy Oil is one of the independent
players that has kept
drilling in the US Gulf, with 50%
partner BHP recently reporting a
discovery at the company’s
appraisal to the Samurai prospect
in Green Canyon Block 432.
Murphy took over operatorship
after Anadarko drilled an original
well on the block in 2010, and still
has the Transocean drillship
Deepwater Asgard on site in 3464
feet of water.
The US independent remains
bullish on global exploration, and
used the oil and gas downturn as
an opportunity to reconfigure its
exploration portfolio and push
ahead while taking advantage of
lower service costs.
Best time
Murphy vice president of global
exploration Greg Hebertson,
speaking at a recent industry conference,
described the current moment
as “the best time in the last
decade to be involved in the offshore
exploration business, and
that is going to continue for at
least a few more years”.
The Samurai well could add to
resources that BHP has already
discovered in the area and had at
one time considered for a standalone
development, including
Shenzi North, Caicos and Wildling.

Llog has also made discoveries
nearby at Khaleesi and Mormont,
and other infrastructure includes
Murphy’s Frontrunner spar and
Anadarko’s K2 development.
Next up, Murphy plans to drill
the King Cake prospect in Atwater
Valley 23 in the third quarter, and
also recently farmed in to the
Highgarden prospect on GC 895
south of the Chevron-operated