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Latest Mississippi Canyon Stories

2014-02-24 16:21:51

LAFAYETTE, La., Feb. 24, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced success on the development segment of the deep water Cardona well at Mississippi Canyon 29. Stone operates and owns a 65% working interest in the well. The Cardona well (MC 29 #4 well) encountered 84 feet of net oil pay in the development section of the well. The company is currently running casing to protect this zone while drilling the exploration section of the well. The Cardona...

2014-02-14 08:26:55

HOUSTON, Feb. 14, 2014 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) reported that the Company replaced in excess of 100% of 2013 production, that year-end 2013 SEC proved reserves((1)) were 117.7 million barrels of oil equivalent ("MMBoe"), and the pre-tax present value of these proved reserves discounted at 10%((1)) ("PV-10") was $2.5 billion. In addition, it announced that its Board of Directors has approved a 2014 capital expenditure budget of $450 million, excluding...

2013-12-30 16:20:48

LAFAYETTE, La., Dec. 30, 2013 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today provided an update on its three deep water/deep gas wells being drilled. Drilling operations at the deep water San Marcos prospect, located on Mississippi Canyon 983, have been completed, and the rig is in the process of being released. The well was drilled to approximately 28,500 feet without encountering commercial hydrocarbons and will be plugged and abandoned. Stone holds a 25% non-operated...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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