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GULF COAST REPORT Halter To Build New Training Center Halter Marine Group Inc. recently broke ground in Moss Point, Miss., for an innovative training center which will serve the company's five shipyards on the Mississippi Gulf Coast. The ll,500-sq.-ft. facility will provide basic instruction for trainees and continuing education for craftsmen and supervisors working in Halter's shipyards. The training center will focus on instruction for shipbuilding and industry-specific training. Basin Exploration Reports On Two Wells Basin Exploration, Inc. recently reported it has drilled a discovery well on East Cameron Block 34 and completed a successful produc- tion test of a well on West Delta Xtek Smart System Extended Wear Crane Components. Xtek TSP™ hardened steel crane components - originally developed for steel mills - are rapidly becoming the favorite of shipyards and ports everywhere. 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Problem Solved. 11451 Reading Road, Cincinnati, Ohio 45241 • Phone:(513)733-2963 * Fax:(513)733-2993 Circle 332 on Reader Service Card W & O SUPPLY INC 3485 Evergreen Ave. • Jacksonville, FL 904-355-5604 • Fas 904-355-5542 email: wosales@mail.leading.net Serving The Marine & Oilfield Industry Since 1975 Material To ANSI, DIN, JIS & Mil-Spec Standards •Valves 'Pipe & Tubing •Fittings & Flanges -Metals •Metrics Newly Obtained ABS Type Approval of SPACE Brand Valves Manufactured by Gulf Atlantic Valve to Serve the Workboat, Offshore, and Barge Industries BALTIMORE • BROWNSVILLE • CHARLESTON • FORT LAUDERDALE • HOUSTON • JACKSONVILLE LONG BEACH • MOBILE • NEW ORLEANS • NEWYORK/UNDEN NORFOLK • PORTLAND • SAN DIEGO • SAN FRANCISCO • SEATTLE • TAMPA ANTWERP • SINGAPORE • VANCOUVER Come See Vs at the 1998 OTC Convention, Booth #5025 ^ 1Marine Deck Hardware il f and Equipment Ilf • ANCHORS: * 50 to 60,000 Lbs. - New and Used Stockless • Dan forth • L.W.T. - Halls • Snug Stowing • CHAIN • 3/<" to 5'/s" - New and Used Stud Link • Cast Steel - Grades 2 and 3 - Oil Rig Quality for Moorings, Towing, Barge Handling, Ship's Replacement • WINCHES - WINDLASSES - CAPSTANS • Vertical or Horizontal Hand, Electric, Diesel, Hydraulic or Repowered to your specs • HATCHES - WATERTIGHT DOORS MANHOLE COVERS - SCUTLES - PORTHOLES • All Sizes - New or Reconditioned • PANAMA CHOCKS - DOUBLE BITTS SINGLE BITTS - CAST STEEL CLEATS AND KEVELS • All Sizes Available, New & Used • FENDERS PNEUMATIC • For Rent or Sale All Sizes, New £ Used SERVING THE MARINE 6 OIL INDUSTRIES FOR OVER 35 YEARS WE ARE DIRECT FACTORY DISTRIBUTORS & IMPORTERS WATERMAN SUPPLY CO.. INC. P.O. BOX 596 WILMINGTON. CA 90748 PH: (310) 522-9698 FAX: (310) 522-1043 Circle 326 on Reader Service Card Block 78 that was reported as an apparent discovery earlier this year. The #2 well on East Cameron Block 34 logged in excess of 100 net ft. of gas/condensate pay in multiple Miocene-aged sands below a true vertical depth of 10,350 ft. The company plans to proceed with completion opera- tions and then to suspend the well pending installation of production facilities or connection to a nearby third-party platform. First pro- duction would be anticipated before the end of the year in either case. Basin operates the property with a 60 percent working inter- est. The #1 well on West Delta Block 78 was recently completed in a Miocene-aged sand and perforat- ed between true vertical depths of 16,762 ft. and 16,780 ft. On a short duration production test, the well flowed at rates as high as 2,000 barrels of oil per day. The well will be temporarily suspended pending determinations of facili- ties sizing requirements and avail- ability of third-party facilities for processing. Ocean Energy Enters New GOM Pact With Shell Ocean Energy, Inc. is expanding its aggressive exploration program through an exclusive Gulf of Mexico Exploration Alliance with Shell Offshore Inc. The Alliance calls for 25 initial exploratory prospects, all delineated by 3-D seismic, to be drilled on over 141,000 gross acres across the Gulf of Mexico Shelf. Under the terms of the agreement, Ocean will par- ticipate for 25 percent of Shell's working interest in 25 prospects in the Outer Continental Shelf and state waters located off the coast of Louisiana and Texas in water depths up to 1,300 ft. Ocean and Shell, two of the top three most active Gulf of Mexico operators in drilling activity in 1997, plan to coordinate their rig fleets to achieve greater efficiency and economies of scale. Ocean anticipates the two com- panies will drill in excess of 50 exploratory wells together over the next three years through the com- bination of the Gulf of Mexicc Exploration Alliance, Delt£ Exploratory Joint Venture anc South Pass Alliance. In addition Ocean intends to fund its share o expenditures associated with th( new Alliance from its announcec 1998 capital budget. Maritime Reporter/Engineering News Circle 324 on Reader Service Card