Edit ModuleShow Tags

Capco Acquires Wells and Platforms in Offshore Gulf Coast, Texas


Published:

Capco Energy Inc. has closed on an acquisition from Dominion and others in the Brazos field, offshore in Matagorda County, Texas, U.S.A. The Company shall have a 90% working Interest and shall be the operator of these wells.

In addition to an earlier announced acquisition, the company now has a total of 31 wells in the Brazos field. The company has 3 wells on line in the Brazos field producing 2.5 million cubic feet a day. The company has selected 10 wells to be placed on line by September 30, 2004, and the balance of the wells are being evaluating for additional potential, after review of the production files and well logs.

Edit ModuleShow Tags

Archive »Recent Articles

Exterran Spins Off Foreign, Fabrication Ops

Exterran Holdings Inc. is separating its international contract operations, international aftermarket services and global fabrication businesses into a standalone, publicly traded company (SpinCo), resulting in two independent companies.

GE Technology For Floating LNG Facility

GE Oil & Gas will supply a gas turbine-driven compressor train and mechanical drive technology to Malaysia’s national oil and gas company, Petronas, for a second floating liquefied natural gas (FLNG) facility being developed off the coast of East Malaysia.

Rexnord To Acquire Euroflex

Rexnord Power Transmission (RXN) has entered into a definitive agreement to acquire Euroflex Transmissions (India) Pvt. Ltd.

T.F. Hudgins Acquires Jamison Products

T.F. Hudgins Inc. has completed the acquisition of Jamison Products, a Houston, Texas-based provider of engineered pipeline and filtration products.

MSHS Opens New Orleans Engine Service Facility

Motor-Services Hugo Stamp Inc. (MSHS) has expanded its service facility in New Orleans, Louisiana.