Page 39: of Maritime Reporter Magazine (April 1974)
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First Offshore Oil
Discovery Made In
Canadian Arctic Sea
Imperial Oil Ltd., 70 percent owned by Exxon Corp., has an- nounced the first oil and natural gas find in the Beaufort Sea of the
Canadian Arctic.
The company said it has a three- zone oil and gas discovery from a drilling platform on a temporary artificial island offshore from the
Mackenzie Delta area. It is about 300 miles east-southeast of the ma- jor oil fields at Prudhoe Bay, Alas- ka.
Imperial did not disclose flow rates or the thickness of the zones.
But it said it will plug and abandon the discovery and will build a per- manent artificial island as a base for future drilling to delineate the oil and gas accumulation. This is a normal procedure when an apparent commercial discovery is made off- shore.
Canadian oil analysts were en- thusiastic about the discovery. One said the find "increases the proba- bility of more oil offshore the Mac- kenzie Delta."
An earlier well drilled by Im- perial in the Beaufort Sea at a cost of more than $9 million was aban- doned last December because of ab- normally high formation pressures that made further drilling danger- ous. That well, the Immerk B-48, had been intended to go to 15,000 feet, but reached only 8,883 feet before abandonment. Only minor gas shows were encountered at that depth, the company said.
Imperial said earlier that the lat- est well, the AD'GO F-28, has turned up a "significant thickness" of gas-bearing sands at 7,000 feet.
The well has reached a depth of 10,528 feet.
The well flowed oil in two drill- stem tests conducted in a sand- stone reservoir at about 5,650 feet,
Imperial said. It added that the well also flowed oil on a drillstem test from the lower part o'f another sandstone reservoir at about a depth of 4,130 feet and flowed gas on two drillstem tests in the upper portion of the same reservoir.
Gas flowed to the surface in two final drillstem tests in a third reser- voir at about 3,400 feet, Imperial said.
Israel To Upgrade
Container Handling
At Cost Of $7 Million
The Israeli Ports Authority plans to spend around $7.05 million dur- ing the coming fiscal year on addi- tional container - handling equip- ment, according to reports from Tel
Aviv. A total development budget of $21.15 million also calls for ex- pansion of facilities at Haifa for bulk loading and discharging of chemicals, the construction of new deepwater piers at Ashdod, an in- crease in handling capacity at Eilat, and general adaption of the ports to the container and roll-on/roll-off (ro/ro) ships.
The Ports Authority also sees a rise of one-million tons in the vol- ume of cargoes moved this year, and consequently intends to in- crease total handling capacity from 8.89-million tons to 10-million tons during 1974-75.
Central Marine Names
Pilcher And Williams
Killian Huger, president of Cen- tral Marine Service, Inc., New Or- leans, La., has announced the re- cent election of Nelson M. Pilcher as vice president, operations, and the appointment of Wesley L. Wil- liams as sales engineer.
Mr. Pilcher will be responsible for the company's three towboats and numerous chemical barges op- erating on the lower Mississippi, its barges and tugs in oilfield wire- line service, and its large fleet of oil, deck and spud barges available for lease to the oil an'd construc- tion industries.
The position of sales engineer is a newly created one in which
Mr. Williams will assist oil and construction industries in fulfilling their requirements for leased ma- rine equipment. Formerly with
Cameo, he is an engineering gradu- ate of Northwestern Louisiana
University.
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