UK North Sea Lacewing gas find under evaluation

A group led by ConocoPhillips will conduct postwell evaluations to ascertain whether its Lacewing gas discovery on Block 23/22b in the UK Central North Sea can be rendered commercial.

The 23/22b-6Z exploratory well, which targeted the Lacewing prospect on the eastern margins of the UK Central North Sea, reached a total depth of 14,370 ft measured depth and encountered a gas column thicker than 100 ft.

The well achieved its predrill objectives by evaluating the Triassic interval which contained reservoir quality sands. The well is being plugged and abandoned as a hydrocarbon discovery.

ConocoPhillips is operator with 47.3% interest, BG Group 32.5%, and Premier Oil PLC has 20.2%.

Premier said it recognized the high-risk nature of the prospect and managed its capital exposure to this opportunity by farming down prior to drilling in return for a partial carry on the well.

Related Articles

Tethys reports second successful gas well in Kazakhstan

03/20/2014 Tethys Petroleum Ltd. reported the success of the second shallow gas exploration well of its 2014 program on the Akkulka block in the Caspian regio...

BOEM: Firms bid $850 million in high bids in central gulf lease sale

03/19/2014 The US Bureau of Ocean Energy Management reported that its central Gulf of Mexico Lease Sale 231 received 380 bids from 50 companies on 326 blocks,...

CNOOC makes gas discovery in Qiongdongnan basin

03/19/2014

CNOOC Ltd. has made a natural gas discovery in the east Lingshui Sag of the deepwater area in the South China Sea’s Qiongdongnan basin.

Cairn, FAR to drill exploration wells offshore Senegal

03/19/2014

FAR Ltd., Perth, will participate in the drilling of two deepwater exploration wells offshore Senegal next month.

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