Zydeco-1 Spud Nears: Galilee Targets 13.7 bcf Louisiana Gas

Zydeco-1 will test the Upper Tweedel and Lower Tweedel objectives in a proven Gulf Coast gas-condensate fairway. The target is a conventional unrisked prospective accumulation of up to 13.7 billion cubic feet of gas and 610,000 barrels of condensate across multiple reservoirs. The project covers 325.3 acres of mineral leases near the producing Indigo and Frey fields. Planned total depth is approximately 9,800 feet, after which Galilee will run wireline logging and testing.

A successful result would allow Galilee to pursue rapid commercialisation using existing regional infrastructure, with a path to first production within about six months. The site sits close to a short gas spur line feeding the Texas Gas Pipeline. Development would require condensate stripping and storage plus truck loading.

Managing director Joseph Graham described Zydeco-1 as a “potentially transformative well for Galilee.” “The rig is on location, the derrick is standing over the well centre and the team is now completing the last checks before drilling begins,” he said. Galilee’s US Advisory Board has supported the project from acquisition through drilling execution and continues to evaluate regional expansion opportunities. The company expects to formalise funding for additional opportunities after a successful Zydeco-1 result.