It's a bust: ConocoPhillips takes dry hole costs for McCovey
Petroleum News Alaska Staff
Operator EnCana Oil & Gas (USA) Inc. applied to plug and abandon the Beaufort Sea McCovey No. 1 exploration well in early February.
ConocoPhillips, a partner in the project with EnCana and ChevronTexaco, completed the bad news March 10: it said it is adding dry hole costs for McCovey to preliminary....
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Other dry hole in deepwater GOM
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