Ithaca makes North Sea oil discovery

Ithaca Energy Inc. reported the discovery of oil in its Trell prospect in PL102 F/G in the Norwegian North Sea.

The 25/5-9 exploration well was drilled to 2,240 m and discovered a 21-m oil column in the Paleocene Heimdal formation. The well is located in a mature area of the Norwegian North Sea about 10 km from the Heimdal production hub.

Ithaca placed primary estimates for the discovery in a range of 3.1-12.5 million bbl of recoverable oil.

The company entered into an agreement to acquire 10% working interest in PL102 F/G from Total SA (40% as operator) in December 2013. Additional licensees for the PL102 F/G include Petoro (30%), Lotos Exploration and Production Norge (10%), and Det Norske Oljeselskap (10%).

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

GAS EXPLORATION FANS OUT MIN ARKOMA BASIN

01/01/1990 Gas exploration is heating up in the South Central Arkoma basin's pre-Pennsylvanian formations. Several operators are targeting Siluro-Devonian...

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