Antrim weighs options for North Sea fields

Uchenna Izundu
International Editor

LONDON, Nov. 14 -- Antrim Energy Inc. is weighing development options for two fields on UK North Sea Block 21/28a after completing its acquisition from ENI of a 75% working interest and becoming operator (OGJ Online, Oct. 3, 2006).

Antrim spent $8 million to obtain the interest and will pay ENI $10 million more once the UK Department for Trade and Industry approves its field development plan.

Three Block 21/28a wells in Fyne and Dandy oil fields have tested 1,200-3,600 b/d of 21-25º gravity oil.
The fields are combination structural-stratigraphic traps of Middle Eocene Tay sandstones with secondary potential in underlying Jurassic strata. The sandstones occur at average depths of 4,400 ft subsea and have porosities of 24-32% and permeabilities as high as several darcies.

Kerry Fulton, Antrim chief operating officer, told OGJ the company is considering development of the fields via subsea wells tied back to a platform or floating production, storage, and offloading vessel. He said the company is "fine-tuning our seismic data" before submitting the development plan.

Contact Uchenna Izundu at uchennai@pennwell.com.

Related Articles

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

Millennium Pipeline appoints president

03/20/2014 Millennium Pipeline Co. LLC has selected Joseph Shields as its president. He succeeds Rocco D’Alessandro, who held the position beginning in May 20...

ONGC Videsh names exploration director

03/19/2014 ONGC Videsh Ltd. (OVL), the overseas arm of Oil & Natural Gas Corp. Ltd., has named Anil Bhandari as exploration director. In his role, Bhandar...

Vermilion to buy southeast Saskatchewan assets

03/18/2014 Vermilion Energy Inc., Calgary, has signed an agreement with a private southeast Saskatchewan producer to acquire light oil producing assets in the...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected