The prince asked his way of passers-by, and finding that he was a couple of miles or so from his destination, he determined to take a droshky
The positive year-over-year performance reflects contribution from the Droshky
development in deepwater Gulf of Mexico that commenced in July 2010.
The first project to be undertaken at the spoolbase is the fabrication and installation of two 8-inch flowlines totaling 36 miles for Marathon Oil's Droshky
field development located 112 miles south of Houma, LA in water depths ranging from 1,350-3,000 ft.
On November 4, 2010, W&T announced the acquisition from Shell of interests in five Gulf of Mexico deepwater producing fields known as Tahoe, SE Tahoe, Droshky
, Marlin and Dorado Fields with an effective date of September 1, 2010.
The supply agreement is part of Marathon's previously disclosed procurement activities related to long lead time items associated with the company's Droshky
discovery in the Gulf of Mexico.
The acquired interests are in the Tahoe, SE Tahoe, Marlin, Dorado and Droshky
fields located in the deepwater of the Gulf of Mexico.
8 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) provided an update today on its Droshky
development in the deepwater Gulf of Mexico, which began operations on time and under budget on July 15, 2010, and has since ramped up production to approximately 45,000 net barrels of oil equivalent per day (boepd), consisting of approximately 39,000 barrels per day of liquid hydrocarbons and 39 million cubic feet per day of natural gas.
HOUSTON, July 19 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today announced that its Droshky
development in the deepwater Gulf of Mexico has begun production on time and under budget.
Additionally, in the Gulf of Mexico, Marathon is winding down spending on the Droshky
development, with first production targeted for mid-2010 and where the Company owns a 100 percent working interest, while continuing work on the Ozona development.
In the Gulf of Mexico, Marathon has completed drilling all four development wells on its Droshky
project, located on Green Canyon Block 244, and well completions are underway.
In February, Marathon began drilling the first of four development wells on its Droshky
discovery in the Gulf of Mexico on Green Canyon Block 244, with first production targeted for 2010.
Approximately $850 million will be spent on projects that provide mid-term production growth, such as Droshky
and Ozona in the deepwater Gulf of Mexico, as well as emerging resource plays in the Marcellus and Woodford Shales.