SFY Well struck by marine vessel

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

SFY Well struck by marine vessel

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Houston-based Swift Energy Co. (NYSE: SFY) is working to control a shut-in well that was struck by a marine vessel at its Lake Washington field in Plaquemines Parish, La., on Feb. 26.

By Wednesday afternoon, it appeared the well was leaking mostly water and a small amount of oil, according to a statement from Swift. State, federal and local authorities were on-scene to develop a plan with Swift to bring the well under control.

Once containment is achieved and repair executed, Swift will be able to determine any volumes leaked into the water.

No injuries were reported, and primary containment boom and oil skimming equipment was deployed around the well site to protect shorelines, facilities and private property. Additional containment and skimming equipment was used to protect any nearby marshlands.

The well involved was shut-in five years ago and hasn’t produced since that time, according to the statement. It’s located in the shallow water of the Lake Washington field.
Dan Steffens
Energy Prospectus Group
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