Deepwater

Repsol makes oil discovery in Gulf of Mexico

Oct. 28, 2014

Repsol has made a new discovery of high-quality oil in the US Gulf of Mexico. The find was made 352 km (219 mi) from the Louisiana coast in an ultra-deepwater well named León, located in the Keathley Canyon 642 block.

Repsol's new discovery is in the US Gulf of Mexico in the ultra-deepwater León well.

Offshore staff

HOUSTON – Repsol has made a new discovery of high-quality oil in the US Gulf of Mexico. The find was made 352 km (219 mi) from the Louisiana coast in an ultra-deepwater well named León, located in the Keathley Canyon 642 block.

Repsol is the operator of the discovering consortium. The well found more than 150 m (492 ft) of net oil pay within a column of over 400 m (1,312 ft). The well was drilled in water 1,865 m (6,119 ft) deep, and reached a total depth of 9,684 m (31,772 ft), making it one of the deepest wells operated by the company.

Repsol has a 60% participation in the license, with Colombia'sEcopetrol holding the remaining 40%.

10/28/2014