Byron Energy has started drilling the SM 71 F3 development well in the South Marsh Island 71 (‘SM 71’) lease in the U.S. Gulf Of Mexico.
The SM 71 F3 development well, spudded over the weekend, is designed to intersect the D5 Sand very near the point that the recent SM 71 F2 well intersected the D5 Sand which logged 117 feet of True Vertical Thickness (“TVT”) oil pay.
As previously reported, SM 71 F2 appraisal well encountered four discrete hydrocarbon bearing sands, including the B65 and D5 and has been completed across the B65 sand interval. The SM 71 F3 development is expected to be drilled and evaluated by early February 2018.
The previous SM 71 F2 appraisal well is now temporarily suspended prior to B65 perforation and completion procedures. Completion operations on all wells will begin sequentially once drilling of the F3 is finished.
Pipeline tie-ins complete
Also worth noting, final pipeline tie-ins from the SM 71 F Platform to oil and gas sales lines have now been fully completed in the field.
According to Otto Energy, Byron’s partner, instrumentation and electrical crews are also working on the SM 71 F platform daily to complete facility work and ensure a timely transition from drilling to production when the Ensco 68 rig leaves location after drilling and completion operations are finished.
Otto holds a 50% working interest (40.625% net revenue interest) in South Marsh Island Block 71 through a wholly owned subsidiary Otto Energy (Louisiana) Inc. The operator, Byron, holds the remaining 50% working interest.