It's Spindletop In The Gulf For A Houston Oil Company

Keep Houston Press Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Houston and help keep the future of Houston Press free.

There's black gold, Texas tea deep, deep in the Gulf of Mexico, if Anadarko Petroleum is any indication.

This morning the exploration company announced its second major find in three days from deep-water drilling in the Gulf.

The details of the finds are a little mind-numbing to the layman -- they're spudding wells, encountering "net oil pay," etc, etc. And the locations can really just be technically described as "way out there in the Gulf."

But it's been a pretty hot couple of days for the company.

"It's really been a pretty remarkable week," Anadarko's John Christiansen tells Hair Balls. "Having these American resources produced by Americans is a good thing."

The company will have to drill additional wells to determine how big the finds are, but early signs are encouraging, he says.

The "oil pay" is between 200 and 300 feet for each well, "and that's a good sign," he says. (Your oil lesson for today: oil pay is like if you stuck a straw in a Hostess cupcake; the measure of how much creamy inside goodness is in that straw, as opposed to cake is your oil pay.)

The two wells are under 5,000 feet of water; they go a further 28,500 to 30,000 feet into the ground.

Christiansen says that while two discoveries in three days is highly unusual, it's not like they're doing cartwheels in the Anadarko offices.

"We generally have six wells [exploring] in the Gulf in any year," he says. "The industry average for a well being successful is 20 percent; at Anadarko it's 50 perent. So we've been there before. This is what we do for a living. But it has been a great week."

But if you're wondering, no -- the energy crisis isn't over, and you can't go rush out and but a Hummer like gas is plentiful again.

-- Richard Connelly

Keep the Houston Press Free... Since we started the Houston Press, it has been defined as the free, independent voice of Houston, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Houston with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.


Join the Press community and help support independent local journalism in Houston.


Join the Press community and help support independent local journalism in Houston.