Characterizing Natural Gas Hydrates in the Deep Water Gulf of Mexico

Characterizing Natural Gas Hydrates in the Deep Water Gulf of Mexico GOM Hydrate JIP Project Plan Cost To Achieve Activity Phase I- Gather information necessary to drill and core hydrates in the GOM. Build basic models for well bore stability and geophysics of hydrate sediments. Phase II- Collect cores and other data. Determine the properties of hydrate containing sediments. Test models for accuracy. Determine further work Conduct additional drilling Try Production Work with DOE to develop needs Obtain DOE funding Execute drilling and coring $3MM $10 MM 1999 2000 2001 2002 2003 2004 2005 2006 $2 - 10 MM Phase III- Collect more data or measure predicted performance with wells in the GOM. Project definition, funding, and timeline dependent on the outcomes of Phase I and II. DOE Cost Share ~ 80%