We use cookies on the public areas of our website. They let you easily navigate your way around the site and allow us to improve its performance, or even recommend content we believe will be of most interest to you. By continuing to browse the site you are agreeing to our use of cookies. If you would like to learn more about how we use cookies and how you can manage them, see our Privacy & Cookie Policy.
Hess announced a substantial discovery at its Sicily prospect (Chevron 75% and operator, Hess 25%). The well, located at Keathley Canyon 814 was spud on 6 January 2015 in 2,059 metres (6,758 feet) of water. The target was a 4-way trap, Lower Tertiary, Wilcox sand. This is the largest discovery in US GoM so far this year with a pre-drill estimate of 300 - 400 mmboe. We considered multiple scenarios with PV10s ranging between US$330 million to US$1.8 billion.
What's included?
This report includes 1 file(s)
Chevron's success in the Lower Tertiary continues with the Sicily discovery PDF - 1.66 MB 2 Pages, 0 Tables, 2 Figures
Description
This Upstream Oil and Gas Inform report highlights the key issues surrounding this topic, and draws out the key implications for those involved.
This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.
Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.
Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
Wood Mac has the highest quality data and is demanded by our staff.
Portfolio Manager Integrated Oil Company
Others can provide data but we value the quality of the Wood Mac analysis above other sources.
As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
Contact Us
Inform | Jun 2015
Chevron's success in the Lower Tertiary continues with the Sicily discovery
Have questions? Just let us know how to contact you and we will respond to you as soon as possible.
