Neptune Energy confirms discovery in UK Central North Sea
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
Hydrocarbons were encountered in Upper Jurassic and Triassic sandstone reservoirs, with 64 m net pay encountered, consisting of lean gas and condensate and high-quality light oil.
The results of the well will be analysed to further evaluate the discovery, determine future appraisal activity and recoverable resources estimates. The well is now being plugged and abandoned.
Jim House, CEO of Neptune Energy, said: “The discovery of hydrocarbons in three separate formations is positive news for Neptune and our partners. While analysis of the results is ongoing, the initial findings show significant promise.
“Having acquired our interest in the exciting HPHT Isabella prospect in 2018, the result further strengthens our growing UK portfolio and demonstrates the significant remaining hydrocarbon potential in the region.”
The 30/12d-11 well in UK licence P.1820, was drilled by the Noble Sam Hartley jack-up to a total depth of 5557 m in water depths of 80 m.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/17032020/neptune-energy-confirms-discovery-in-uk-central-north-sea/
You might also like
Urgent oil and gas decommissioning could deliver 25 000 jobs for North Sea workers
Urgent action to ensure oil and gas companies meet their legal obligations to safely remove ageing oil and gas infrastructure from the North Sea could create up to 25 000 UK jobs and deliver up to £15 billion in economic benefit to the UK, a new first-of-its-kind report shows.