The Thunder Hawk field, located on the Gulf of Mexico's Mississippi Canyon Block 734, is situated 150 miles (241 kilometers) southeast of New Orleans. The field is located in ultra-deepwater at a depth of 5,724 feet (1,745 meters. Discovered on Oct. 27, 2006, well No. 1 ST1 was drilled by the Transocean Marianas semisub, which encountered 300 feet (91 meters) of net oil pay in two high-quality reservoir zones. A second well was drilled in 5,716 feet (1,742 meters) of water, and encountered more than 500 feet (152 meters) of net pay in two high-quality sands, verifying the previous discovery. Shortly after the discoveries, the field was deemed commercially viable for field development with estimated recoverable reserves of 50 to 80 MMboe.

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