Drilling & Production

Parkmead advances North Sea Skerryvore prospect drilling

Sept. 16, 2022

Parkmead agreed to increase its stake in the Skerryvore project in the UK Central North Sea to 50% from 30% and has received approval from authorities to enter the next phase of the license agreement to drill the prospect.

OGJ editors

Parkmead UK Central North Sea prospect map.

Parkmead agreed to increase its stake in the Skerryvore project in the UK Central North Sea to 50% from 30% and has received approval from the North Sea Transition Authority (NSTA) to enter the next phase of the P.2400 license agreement to drill the Skerryvore prospects.

Geotechnical work has confirmed the multi-interval potential of Skerryvore, Parkmead said in a release Sept. 15. The planned well will target the main stacked exploration prospects, at Mey and Chalk level, which studies indicate could contain 157 MMboe in the P50, most likely case, the operator continued.

The license also contains additional prospectivity at Ekofisk and Jurassic levels, the company said, noting a successful discovery could be tied into existing and planned infrastructure in the area.

The area around Skerryvore is seeing activity, with Harbour Energy having reached an investment decision on the adjacent Talbot discovery and NEO Energy continuing with redevelopment of Affleck, the company said. Development activity is also taking place in the Norwegian sector close to Skerryvore at ConocoPhillips-operated Tommeliten A, Parkmead continued.

Skerryvore will be Parkmead’s first operated exploration well. Parkmead’s joint venture partners in the license are Serica Energy (UK) Ltd. (20%) and CalEnergy (Gas) Ltd. (30%).