Press

Azinor Catalyst completes Partridge Prospect site survey


Azinor Catalyst (“Catalyst”), the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf (“UKCS”), is pleased to announce the completion of the Partridge Prospect (the ‘Prospect') site survey in the UK North Sea. 

The survey was conducted by Gardline Geosurvey Limited using Gardline's MV Sea Explorer, an integrated geophysical, geotechnical and environmental survey vessel. The results of the survey will be used for final surface positioning of the well ahead of drilling operations later in 2017. The survey was completed on budget and on schedule. 

The Partridge Prospect 

Catalyst secured a 100% operated interest in blocks 14/11, 14/12 and 14/16, which contain the Partridge Prospect, in December 2015. The Prospect is located within the Jura Sub-Basin of the Outer Moray Firth and is adjacent to the Scapa, Claymore and Athena oil fields. 

The Partridge Prospect's pre-drill recoverable volumes have been estimated at 119 million barrels oil equivalent in the mid case, with an upside case of 260 million barrels oil equivalent. The Prospect has a relatively shallow and normally pressured reservoir with an estimated gross well cost of US$8-9 million. 

Nick Terrell, Managing Director of Azinor Catalyst, commented: 

The completion of site survey operations is an important step towards drilling the Partridge Prospect later this year. Operationally we are very pleased to have completed the survey on time, on budget and with adherence to the highest HSE standards. We are now in the process of securing a rig for the well and are continuing to progress our planning and permitting activities”.



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

azinorcatalyst.com

Azinor CatalystPartridge ProspectSurvey

More items from oilvoice


Cyber Security Experts Unite to Protect Europe’s Critical Industries

CS4CA Summit Returns to London this October Staying abreast of fast-paced industry developments is crucial for cyber security professionals. And while one can learn a lot from publications and social media, it's hard to beat the value of insights gained first-hand from peers. This is why 150+ IT ...

OilVoice Press - OilVoice


Posted 2 months agoPress > cybereurope

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 6 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 10 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 10 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 10 months agoPress > CNOOCChina National Offshore Oil CorporationChevron +11
All posts from oilvoice