Nexen moves toward Golden Eagle development

Nexen Petroleum UK Ltd. has awarded a drilling services contract for development of its Golden Eagle area discoveries in the UK North Sea.

By OGJ editors
HOUSTON, Nov. 25
-- Nexen Petroleum UK Ltd. has awarded a drilling services contract for development of its Golden Eagle area discoveries in the UK North Sea.

RDS, the engineering division of KCA Deutag Drilling Group, will provide drilling facilities concept design services leading to rig specification for the area, which is on Blocks 20/1N and 20/1S northeast of Aberdeen.

Nexen estimates the “gross recoverable contingent resource” of its three Golden Eagle discoveries at 150-275 million boe.

In September, Nexen Pres. and Chief Executive Officer Marvin Romanov said, “After Buzzard, it is the largest oil find in the UK North Sea in the last decade.”

Giant Buzzard field, which was discovered in 2001 and began producing in 2007, is 19 km south of the Golden Eagle discovery.

Nexen made the Golden Eagle discovery in the first quarter of 2007 and the other two area discoveries, Hobby and Pink, both south of the first strike, this year (OGJ Online, Mar. 11, 2009).

In addition to the three discovery wells it has drilled nine appraisal wells. It also has conducted three drillstem tests, one injectivity test, and “exetensive” coring.

Nexen, operator with interests of 35-40%, expects development sanction in 2010. Its partners are Maersk, Suncor, and Dyon.

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