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Successful results of Mad Dog South Well

27 July 2009

BP has announced the drilling of a successful appraisal well in a previously untested southern segment of the Mad Dog field
The 826-5 well is located on Gulf of Mexico Green Canyon block 826 approximately 160 km south of Grand Isle, LA, in about 1,554 m of water. The well encountered about 85 m of hydrocarbons in the objective Miocene hydrocarbon-bearing sands and discovered an oil column of more than 670 m.

Successful results of Mad Dog South Well
Successful results of Mad Dog South Well

The results from this well continue the successful phased development of the Mad Dog field and build upon the success from 2008 where the A-7 well in the western part of the field encountered a hydrocarbon column of more than 762 m and 84 m of net pay.

"With these additional hydrocarbon resources in the west and south of the field, Mad Dog has been firmly established as the third giant field in BP's Gulf of Mexico portfolio, joining Thunder Horse and Atlantis," said Andy Inglis, BP's chief executive officer for exploration and production. "Due to the materiality of these recent finds, we are reviewing development options to increase production from Mad Dog either through debottlenecking the existing facility or by adding another production facility".

BP maintains a 60.5% working interest in Mad Dog. BHP Billiton has a 23.9% interest, Chevron has a 15.6% interest.


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