|View printer-friendly version|
|Stone Energy Corporation Announces Rampart Deep Drilling Success|
The Rampart Deep well (the MC 116 #1 well), operated by Deep Gulf Energy III, LLC, encountered approximately 130 net feet of liquids-rich natural gas pay in three primary zones, as interpreted by Stone. In addition to the reserve potential of Rampart Deep, this well also provides critical information that reduces the exploration risk of Stone's Derbio prospect, which is positioned up-dip from Rampart Deep and located one block to the northwest in Mississippi Canyon Block 72. The completion of the Rampart Deep well will be deferred while the partners analyze the well data, and will be further evaluated in conjunction with future Derbio drilling results. Drilling plans for Derbio will be reviewed with the Rampart Deep partners over the next ninety days. If Derbio is successful, first production from the Rampart Deep/Derbio project is expected by late 2019 and could be a multi-well tie back to the Stone 100% owned Pompano platform.
Interim Chief Executive Officer and President
Working interest partners in the Rampart Deep well are
Stone Energy is an independent oil and natural gas exploration and production company headquartered in Lafayette, Louisiana with an additional office in New Orleans. Stone is engaged in the acquisition, exploration, development and production of properties in the Gulf of
View original content with multimedia:http://www.prnewswire.com/news-releases/stone-energy-corporation-announces-rampart-deep-drilling-success-300512993.html