Nexen discovers oil in UK North Sea

Nexen Inc. said its Hobby exploration well in the UK North Sea discovered oil on Block 20/1N near the Golden Eagle discovery.

By OGJ editors
HOUSTON, Feb. 17 -- Nexen Inc. said its Hobby exploration well in the UK North Sea discovered oil on Block 20/1N near the Golden Eagle discovery.

Future appraisal is pending in the Golden Eagle area, which includes discoveries at Golden Eagle, Pink, and now Hobby.

The Pink discovery well encountered 57 ft of net oil pay and was followed up with a sidetrack delineation well that encountered 134 ft of net oil pay.

Pink might be codeveloped with Golden Eagle. Nexen has a 34% operated interest in Golden Eagle and a 46% operated working interest in Pink.

It operates Hobby with 34% interest. Other partners are Maersk Oil North Sea UK Ltd. 36% interest, Petro-Canada 25% interest, and Edinburgh Oil & Gas 5% interest.

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