ST311 - Walter

Project Location

The ST311 project is located in the federal offshore waters of the Gulf of Mexico, specifically in the South Timbalier (ST) area. The well is situated in approximately 395 feet of water depth.

Discovery and Exploration

• Walter Oil & Gas Corporation drilled the ST311 Megalodon Prospect in 2013. The well encountered condensate-rich gas at a depth of about 18,300 feet.
• The discovery was significant as it involved a complex salt feature that was poorly imaged on previous seismic data.

Geology and Reservoir

• The ST311 well is associated with a buried salt feature, which is a common geological characteristic in the Gulf of Mexico that can lead to complex reservoir structures.
• The well targeted an 18,000-foot gas zone adjacent to this salt feature, indicating the presence of substantial hydrocarbon reserves.

Production

• The ST311 field began production in 2015. The production involves extracting condensate-rich gas from the reservoir.

Operational Details

• The drilling was conducted using a semisubmersible rig, specifically the Ocean Victory owned by Diamond Offshore, which is a common practice for deepwater operations in the Gulf of Mexico.
• The project involves the use of advanced seismic data and drilling technologies to navigate the complex geology of the area.

Infrastructure and Development

• While specific details on the ST311 infrastructure are not provided, it is part of Walter Oil & Gas Corporation's broader strategy of developing fields in the Gulf of Mexico. Typically, such projects involve the use of platform rigs or subsea systems depending on the water depth and reservoir characteristics.

Company Overview

• The ST311 project is managed by Walter Oil & Gas Corporation, a family-owned oil and gas exploration and production company with extensive experience in the Gulf of Mexico. The company is known for its expertise in finding and operating oil fields in this region.

Future Plans

• Although specific future plans for the ST311 project are not detailed, Walter Oil & Gas Corporation generally plans to continue drilling and developing wells in the Gulf of Mexico, targeting both proven and potential hydrocarbon reservoirs. This includes exploring nearby leases and utilizing existing infrastructure to optimize production.