Marathon Oil Corporation, an exploration and production company based in Houston, has abandoned its wildcat well in the U.S. Gulf of Mexico.
Marathon said on Wednesday that the Solomon exploration well in the Gulf of Mexico had reached its total depth of approximately 34,600 feet on Walker Ridge Block 225. The well did encounter the lower tertiary target interval, the company said.
The well was drilled with Maersk Drilling’s 2014-built drillship Maersk Valiant which is under a three-year contract with Marathon.
The well has been plugged and abandoned, and the rig has been released with no further activity planned on the block, Marathon Oil said.
Marathon is the operator with a 58 percent working interest in the well. Venari Resources holds a 22 percent working interest and Murphy holds 20 percent.