Eugene Island Block 10 - Contango

Eugene Island Block 10 - Contango Oil and Gas Asset Profile

Location

Eugene Island Block 10 is located in the Central Planning Area of the Gulf of Mexico, off the coast of Louisiana, United States. It is situated in shallow water.

Operator

The asset is operated by Contango Operators Inc., a subsidiary or affiliate of Contango Oil & Gas Company.

Type of Field

Eugene Island Block 10 is a producing conventional gas field. While it is primarily known for gas production, it may also produce oil, given its classification as an oil and gas asset.

Operational Status

The field is currently in production. Contango Oil & Gas Company has been involved in the development and operation of this field for several years.

History

In March 2010, Contango Oil & Gas Company obtained a farm-in agreement and spud a well on the Eugene Island 10 block to drill a well on the Eloise South prospect. This marked one of the initial significant activities by the company in this area.

Geographical and Geological Context

The field is located in shallow water, which is a common characteristic of many offshore fields in the Gulf of Mexico. The Central Planning Area is known for its hydrocarbon reserves, and Eugene Island Block 10 is one of the assets contributing to the region's energy production.

Operator Details

Contango Operators Inc., the operator of the field, is associated with Contango Oil & Gas Company, which is headquartered in Houston, Texas. The company has its principal executive offices at 717 Texas Avenue, Suite 2900, Houston, Texas 77002.

Current Activities

As of recent reports, the field continues to be in production, with Contango Operators Inc. managing the operations. The ongoing production indicates that the field remains a viable and active asset for the company.