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Helix gets first GOM E&P assets in 6 years via P&A deal
Offshore oil services firm Helix Energy Solutions struck a deal with Marathon Oil to acquire operated depths associated with the Droshky prospect on Green Canyon block 244 in the Gulf of Mexico. Helix will perform plug and abandonment operations for which Marathon will pay certain costs. The 100%-Marathon operated Droshky development was discovered in 2007 and started production in July 2010. The field was developed with four wells and was tied back to the......
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