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The Kaskida Oil Field is an offshore
oil field A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence ...
located in the
Keathley Canyon Keathley Canyon is an undersea canyon in the United States Exclusive Economic Zone in the Gulf of Mexico. The canyon is named for the hydrographic survey ship USNS ''Sergeant George D. Keathley'' (T-AGS-35). The Canyon is rich in oil fields. T ...
block 292 of the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
sector of the
Gulf of Mexico The Gulf of Mexico ( es, Golfo de México) is an oceanic basin, ocean basin and a marginal sea of the Atlantic Ocean, largely surrounded by the North American continent. It is bounded on the northeast, north and northwest by the Gulf Coast of ...
, south-west of
New Orleans New Orleans ( , ,New Orleans
Merriam-Webster.
; french: La Nouvelle-Orléans , es, Nuev ...
,
Louisiana Louisiana , group=pronunciation (French: ''La Louisiane'') is a state in the Deep South and South Central regions of the United States. It is the 20th-smallest by area and the 25th most populous of the 50 U.S. states. Louisiana is borde ...
. The field is operated by BP, and owned by BP (100%).


History

The petroleum rights for the block 292 were acquired by BP, Devon Energy and
Anadarko Petroleum Anadarko Petroleum Corporation was a company engaged in hydrocarbon exploration. It was organized in Delaware and headquartered in two skyscrapers in The Woodlands, Texas: the Allison Tower and the Hackett Tower, both named after former CEOs of ...
in a federal lease sale in August 2003. The Kaskida field was discovered in 2006 in a water depth of .
Transocean Transocean Ltd. is an American company. It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United ...
's drilling rig ''
Deepwater Horizon ''Deepwater Horizon'' was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig owned by Transocean and operated by BP. On 20 April 2010, while drilling at the Macondo Prospect, a blowout caused an explosion on ...
'' drilled a well to a total depth of approximately . Drilling in the block 291, located to the west from the block 292, started in 2008 and oil was found in November 2009. Originally BP owned 55%, Anadarko 25%, and Devon 20% of the project. In March 2008, Anadarko agreed to sell its stake to
Statoil Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state owned enterprise, state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, petroleum company, operating in 36 countries with ad ...
but BP and Devon exercised their pre-emption rights. BP drilled appraisal wells with the W. Sirius.


Reserves

The Kaskida field is expected to contain of
oil in place Oil in place (OIP) (not to be confused with original oil-in-place (OOIP)) is a specialist term in petroleum geology that refers to the total oil content of an oil reservoir. As this quantity cannot be measured directly, it has to be estimated fr ...
. It is one of the largest
Paleogene The Paleogene ( ; British English, also spelled Palaeogene or Palæogene; informally Lower Tertiary or Early Tertiary) is a geologic period, geologic period and system that spans 43 million years from the end of the Cretaceous Period million yea ...
discoveries.


Development

The well in block 291 is drilled by the '' West Sirius'' rig, owned Seadrill Offshore. BP plans to start well tests in 2011.


References

{{coord missing, Gulf of Mexico BP oil and gas fields Gulf of Mexico oil fields of the United States