Ocean Energy boosts exploration program
  by: OilOnline
  Wednesday, February 05, 2003

Houston-based Ocean Energy plans a larger exploration program in 2003 while continuing development of its six sanctioned deepwater projects. These include the Zia field in Mississippi Canyon Block 496, which is scheduled to commence first production in late summer 2003; Red Hawk in Garden Banks Block 877, scheduled to begin producing in mid-2004; and Magnolia in Garden Banks Block 783, with anticipated first production by year-end 2004.

In 2003, Ocean Energy plans to drill at least six Gulf of Mexico deepwater prospects, three of which are Ocean-operated - Yorktown in Mississippi Canyon Block 841, Shiner in Garden Banks Block 656 and Tuscany in Desoto Canyon Block 179.