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(NYSE: APC), (NYSE: ME) and Cobalt International Energ y LP all issued separate releases on the find at theHeidelbert prospect, which contains about 200 feet of net oil pay. The well is in abougt 5,000 feet of water in Greenm Canyon, and will have to be drilled toabout 28,5000 feet. For Anadarko — the majority partner with more than 44 percenytinterest — the Heidelberg discovery validates the geologicalo trends evident in the previously announced Caesar/Tonga discoveries, according to Bob Daniels, senioer vice president of worldwide exploration.
“Sincew 2005, we have drilled seven successfulk exploration wells inthis Middle-Miocener trend, each targeting resources of more than 100 millionm barrels,” Daniels said. Anadarko, whose nearbhy Constitution spar affords a variety ofdevelopmentf options, plans to conduct further appraisalp in the second half of this Mariner, which owns a 12.5 percent stakd in Heidelberg, also announced two natural gas discoveries — one in the deepwatee Gulf and another on the deep “We completed our 2008 offshore drilling program with an 80 percen success rate, and our 2009 program is off to an excellent start,” said Chairman and CEO Scott Josey.
Mariner holdx a 30 percent interest inBushwood No. 1 in 2,700 feet of water in the Garden which will be drilledto 25,300 feet. owns 35 percent of and two others own the Mariner owns a 100 percent working interest inSmoothiee No. 2 on the deep shelf. Heidelbert represents Cobalt’s first discovery in the deepwater “The Heidelberg success gives us great confidence inour technology, and geologic modeling of our entire Gulf of Mexicl portfolio,” said Cobalt Chairman and CEO Joseph Bryant, whose companyy owns just under 10 perceny of the project. Anadarko remains busy in the Gulf, committinvg to drilling the Vito prospect in Mississippi Canyonnafter Heidelberg.
Drilling is also underwat at Shenandoah Lower-Tertiary prospecgt in Walker Ridge, and an exploratory well at the Samurai prospect in Green Canyon is expected to spud in the firsr quarterof 2009.