Effective 2 February 2019, BOEM records show Ridgewood Hoffe Park LLC acquiring 40% working interest in Mississippi Canyon blocks 121 (G34423), 122 (G34424), 165 (G35317) and 166 (G35318) from Murphy Exploration and Production Company USA, which retains 60% working interest and remains operator.  Murphy previously held 100% working interest in these blocks, three of which (MC 122, 165, and 166) were previously operated by Chevron USA Inc with 75% working interest until it exited the blocks effective 5 September 2018.  The blocks lie in about 4,140 â 4,652 ft (1,262 â 1,418 m) of water about 115 mi (185 km) east-southeast of the onshore supply base at Port Fourchon, Louisiana, and contain the Hoffe Park discovery.  Background Information  The Hoffe Park field was discovered by Chevron when it drilled the MC 166 1S0B0 (API 60817413520000) discovery well, which was spudded on 10 December 2016 and reached a total depth of 18,014 ft (5491 m) on 6 January 2017. It encountered hydrocarbons in subsalt Miocene-aged sands, but no other details were released. At the time, Chevron operated with 75% working interest and Murphy was the sole partner (25%).Â  Chevron later pulled out of the project and left Murphy as the sole owner. At the Scotia Howard Weil Energy Conference held on 25 March 2019, Murphy reported it expected to spud the second Hoffe Park well in MC 165 in the third quarter of 2019 and quoted net mean resource potential of 30-48 MMboe.
Ridgewood Hoffe Park acquiring 40% working interest in Mississippi Canyon blocks 121 (G34423), 122 (G34424), 165 (G35317) and 166 (G35318) from Murphy (->60% op.)