old news ?10 Apr 2013 15:50
Mustang Island 818L
Offshore Texas
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Currently Dominion and its partners is the leaseholder of 1,440 acres offshore Corpus Christi in approximately 60-82 feet of water. The area was previously operated by Samedan Oil Corporation in the late 70’s, early 80’s. Samedan produced in excess of 120 BCF of Gas and over 4 million barrels of high grade API 43 Condensate from the area.
Dominion believes that there is in excess of 25 BCF of Gas, 1 million BBls of condensate along with a further upside in the deeper untested sands that are also productive in the bay areas, a direct offset to 818.
Dominion re-entered the I-1 Well in 2011 and have now installed the produciton facilities and pipeline hook up. A further 3 wells are planned for this area.