BHP Announces Caicos Discovery in Green Canyon 564, Gulf of Mexico
Thursday 6 October 2016
BHP Billiton today also announced positive drilling results at the Caicos exploration well in the Gulf of Mexico. Located in Green Canyon 564, this well is approximately 100 miles south of the Louisiana coast in the deep water Gulf of Mexico. Caicos was drilled to a total depth of 30,803 feet and encountered oil in multiple horizons.
“We are encouraged by the Caicos results and are moving to further appraise the
area. The next step will be drilling the Wildling well in November. With success at
Caicos and Shenzi North, we continue to be optimistic around the opportunity for a
commercial development in the area.”