Byron Energy announces find off Louisiana

Byron Energy Ltd. announced that the Byron Energy SM 6 #1 BP01 well reached a measured depth of 2338m and a true vertical depth of 2321m as of 23 June.

Current operations are circulating in preparation to trip out of the hole to change the drill bit. The current SM 6 #1 BP01 well is being drilled parallel to the original hole and is approximately 24m to the south and slightly down-dip at its current depth.

In this down-dip position, two upper Miocene sand intervals were intersected and logged with a Gamma Ray/Resistivity logging while drilling (LWD) tool. These two zones are each about 18m thick and appear to be hydrocarbon saturated based on the Gamma Ray/Resistivity response and mud log shows. Gross and net hydrocarbon pay counts, hydrocarbon types and the economic significance of these zones cannot be determined until a porosity log is run at the conclusion of drilling.

Byron noted that neither of the two zones was present in the up-dip, original wellbore indicating a nearly vertical salt face between the two wells at this depth. In addition, a mud log show over a gross interval of 6m has been recorded near the bottom of the hole which will be evaluated with the Gamma Ray/Resistivity LWD tool when drilling operations resume.

Despite the potential significance of the Miocene sand zones, they remain secondary to the primary target, the G 20 sand which is still several hundred feet below the current depth of the wellbore.

SM 6 #1 BP01 well is located in South Marsh Island Block 6, offshore Louisiana, 216 km southwest of New Orleans at 20m water depth. Byron, as operator has a 100% working interest and an 81.25% net revenue interest in the block.

 

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