Press

Cairn Energy: Tethys Update


The enclosed announcement has been reported by the Norwegian Petroleum Directorate (NPD) regarding PL 682, containing the Tethys prospect, in which Cairn has a 30% working interest.

The partners in PL 682 are Spirit Energy Norge AS (Operator) 30%, Capricorn Norge AS 30%, Wellesley Petroleum AS 20% and Petoro AS 20%.

Minor oil discovery north-west of the Gjøa Field in the North Sea – 35/9-13, 35/9-14 and 35/9-14 A

Spirit Energy Norge AS, operator of production licence 682, is in the process of completing the drilling of wildcat wells 35/9-13 and 35/9-14 and appraisal well 35/9-14 A on the Måløy slope in the North Sea. The wells were drilled about 6 kilometres northwest of the Gjøa field, 19 kilometres northeast of the 35/9-7 Nova oil discovery and 66 kilometres west of Florø.

The objective of well 35/9-13 was to prove petroleum in Upper Jurassic reservoir rocks (Intra Heather formation sandstones), to investigate the presence and quality of the reservoir rocks and to conduct extensive data acquisition in the event of a discovery. The objective of well 35/9-14 A was to delineate the discovery.

Well 35/9-13 was temporarily plugged and abandoned due to technical problems. 35/9-14 was drilled 35 metres southeast of 35/9-13, with the same exploration target.

Well 35/9-14 encountered an oil column of about 20 metres in the Intra Heather formation, of which 10 metres comprise the reservoir which is composed of sandstones with poor reservoir properties. The oil/water contact was not encountered.

Well 35/9-14 A encountered about 30 metres of aquiferous Intra Heather formation sandstones with traces of hydrocarbons and with poor reservoir properties. The well is classified as dry.

Preliminary estimates place the size of the discovery between 0.3 – 1 million standard cubic metres (Sm3) of recoverable oil. Preliminary assessments indicate that the discovery is not currently profitable. The licensees will evaluate the discovery together with other nearby prospects as regards further follow-up.

The wells were not formation-tested, but extensive data acquisition and sampling have been conducted.

Wells 35/9-13, 35/9-14 and 35/9-14 A were drilled to respective vertical depths of 3191, 3625 and 3707 metres, and respective measured depths of 3223, 3657 and 3900 metres below the sea surface. 35/9-13 was terminated in the Rødby formation in the Lower Cretaceous, while 35/9-14 and 35/9-14 A were both terminated in the Heather formation in the Middle Jurassic. Water depth in the area is 365 metres. The wells will now be permanently plugged and abandoned.

The wells were drilled by the Songa Enabler drilling facility, which will now proceed to Kristiansund for maintenance, and then on to well operations on the Snorre field for Statoil Petroleum AS.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://cairnenergy.com/news-media/news/2018/tethy...

Cairn EnergyTethysNPDNorwegian Petroleum DirectorateSpirit Energy NorgeCapricorn EnergyWellesley PetroleumOilDiscoveryGjoa FieldNorth Sea

More items from oilvoice


Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice


Posted 7 months agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 8 months agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Total Announces the Distribution of its Second 2018 Interim Dividend

The Board of Directors met on December 12, 2018 and declared  the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board's decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to t ...

OilVoice Press - OilVoice


Posted 8 months agoPress > TotalDividend
All posts from oilvoice