Appraisal results lower Verbier potential

April 10, 2019
A dry well drilled to appraise Equinor’s Verbier oil discovery in the Moray Firth off Scotland lowers resource potential to the lower end of the initially estimated range, a partner reported earlier this month. Jersey Oil & Gas, which holds an 18% interest in the P2170 license, said the 20/05b-14 appraisal well went to 3,784 m TD without encountering expected Upper Jurassic sands.

A dry well drilled to appraise Equinor’s Verbier oil discovery in the Moray Firth off Scotland lowers resource potential to the lower end of the initially estimated range, a partner reported earlier this month (OGJ Online, Oct. 9, 2017).

Jersey Oil & Gas, which holds an 18% interest in the P2170 license, said the 20/05b-14 appraisal well went to 3,784 m TD without encountering expected Upper Jurassic sands.

The initial resource estimate was 25-130 million boe of oil and gas.

Jersey said a large part of the mapped area of the Verbier discovery northwest of the appraisal well and deeper-pool potential remain untested.

Equinor, the operator, holds 70% of the license. CIECO V&C (UK) Ltd. holds the remaining 12%.