These excerpts taken from the ATPG 10-K filed Mar 13, 2009.
On the Gulf of Mexico Shelf during 2008, we drilled and completed six development wells. Our working interest ranged from 75% to 100% in these wells. Two of the wells are at High Island A589 and one well is at South Marsh Island 190. In addition, at the end of 2007 three wells were being drilled, each of which was completed and placed on production during 2008.
The Gomez Hub in the Gulf of Mexico deepwater, comprised of MC Blocks 711, 754, 755 and 800, continues to be the largest contributor to production. While Hurricanes Gustav and Ike inflicted minimal damage on the ATP Innovator, the production platform that services Gomez, a third-party pipeline that serves
as the gas sales pipeline was severely damaged. From August 29, 2008 until January 19, 2009, Gomez production was significantly curtailed. The pipeline was restored to service January 19, 2009 at which time Gomez resumed production without curtailment. The impact of the delayed sales revenue due to the prolonged outage of the third party pipeline, was partially mitigated by our loss of production income insurance proceeds. During 2008, two exploratory wells were drilled at Gomez, one each at MC 754 and MC 800. Each well encountered the targeted zones and are scheduled to be placed on production by the end of 2009. We have a 25% and a 10% working interest, respectively, in these wells. We also began a side track drilling operation on one well at MC 711. This well encountered its targeted reservoir and was placed on production during the first quarter of 2009. We operate MC 711 with a 100% working interest.
Development activities continued in 2008 at our Telemark Hub in the deepwater Gulf of Mexico. Construction of the ATP Titan was nearly complete at December 31, 2008 and it is scheduled for sail-out and mooring in mid-2009. The ATP Titan has a design capacity of 25 MBbls of oil per day, 60 MMcf of gas per day and a useful life of 40 years. In the northern part of the Telemark Hub, the initial drilling of three wells was performed in the third quarter of 2008 at Mirage (Mississippi Canyon Block 941) and Morgus (Mississippi Canyon Block 942). The ATP Titan will be moored initially at Mirage/Morgus to complete the drilling of the three wells and to serve as the production platform for the life of the reserves.
In the North Sea, we began drilling one development well in the fourth quarter of 2008 which was still being drilled at December 31, 2008. In December 2008, as noted previously, we sold 80% of our working interest in the Tors and Wenlock fields. We operate Wenlock and Tors with a 20% and 17% working interest, respectively.
On the Gulf of
The Gomez Hub in the Gulf of Mexico
Development activities continued in 2008 at our Telemark Hub in the deepwater Gulf of Mexico.
FACE="Times New Roman" SIZE="2">In the North Sea, we began drilling one development well in the fourth quarter of 2008 which was still being drilled at December 31, 2008. In December 2008, as noted previously, we sold 80% of our working
This excerpt taken from the ATPG 10-K filed Mar 7, 2008.
On the Gulf of Mexico Shelf during 2007, we drilled and completed two development and three exploratory wells in which we own 100% of the working interest. Four of the wells are at Ship Shoal 351 and the fifth well is at South Timbalier 77. All five wells were placed on production in 2007. At year-end 2007, three wells were being drilled.
Gulf of Mexico Deepwater MC 711 and the Gomez Hub. The Gomez Hub continues to be the largest contributor to production. To provide for additional acquisition of surrounding blocks and to accommodate new drilling plans, the production capacity of the ATP Innovator, the floating production facility that serves the Gomez Hub, was expanded in 2007. As noted above, we acquired interests in three blocks south and west of MC 711. During 2007, two development wells were drilled and placed on production. In conjunction with one of the wells, an exploratory sand was targeted that found noncommercial quantities of hydrocarbons and was charged to exploration expense. We operate MC 711 with a 100% working interest.
Telemark Hub Construction began on the new floating drilling and production facility that will serve the Telemark Hub. Installation of the facility at MC 941/942 is expected in late 2008.
In the North Sea, two wells were drilled at Tors in 2007, one exploratory and one development. Both were successful and placed on production in 2007 bringing to four the number of producing wells at Tors. We operate Tors with an 85% working interest.
At Wenlock, we drilled and placed on production a development well during 2007. We operate Wenlock with a 100% working interest.