newsfilter
← Latest News
Business Wire·

ConocoPhillips Announces Second Oil Discovery in Deepwater Gulf of Mexico

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced another oil discovery in the deepwater Gulf of Mexico. The WR98-1 Coronado wildcat exploration well encountered more than 400 feet of net pay. On March 19, 2013, ConocoPhillips announced an oil discovery at the nearby WR51-2 Shenandoah appraisal well that encountered more than 1,000 feet of net pay in high-quality Lower Tertiary-aged reservoirs. ConocoPhillips holds a 30 percent working interest in Shenandoah.