Serica to assess 3D data on blocks off Ireland

Aug. 25, 2006
Serica Energy plc, London, plans to drill at least one exploration well on Blocks 27/4, 27/5 (partial block) and 27/9 off western Ireland if its analysis of existing 3D seismic data indicates the prospectivity of the license. Serica is processing about 300 sq km of 3D seismic data covering the license, which it received in the 2006 Irish Offshore Licensing Round.

By OGJ editors
HOUSTON, Aug. 24 -- Serica Energy plc, London, plans to drill at least one exploration well on Blocks 27/4, 27/5 (partial block) and 27/9 off western Ireland if its analysis of existing 3D seismic data indicates the prospectivity of the license. Serica is processing about 300 sq km of 3D seismic data covering the license, which it received in the 2006 Irish Offshore Licensing Round.

Serica owns 100% interest in the license, which extends over 611 sq km in the Slyne basin. The blocks lie in water 200-300 m deep, about 40 km south of Corrib gas field, which Shell is developing. Shell expects to produce up to 350 MMcfd of gas at peak production.

Several prospects in the Triassic Sherwood Sandstone—Corrib field's producing reservoir—have been identified in Serica's blocks. There also are secondary targets in the Middle Jurassic sandstones, the company reported.