Centrica pressing ahead with Butch oil studies offshore Norway

Offshore staff

ABERDEEN, UK – Centrica plans to drill two additional exploration wells late this year on the Butch oil discovery in the Norwegian North Sea, according to partner Faroe Petroleum.

The discovery well found light oil early last year on the northwest side of a large salt structure, in 66 m (216 ft) water depth, and close to the producing Ula and Gyda fields. Centrica is working on a development plan.

The wells will be drilled on the untested southwestern and eastern sides of the same large salt structure. Well planning is being performed in parallel with development planning to allow the latter to be fasttracked, whatever results the two wells deliver.

Faroe is a partner in two large exploration licenses in the Barents Sea between the Total-operated Norvarg gas discovery to the east, and Statoil’s Skrugard and Havis oil fields to the west.

On the Samson Dome license, the partners are interpreting a new 3D seismic dataset. They are also processing data from another large 3D survey acquired over the Kvalross license – in both cases, drilling decisions are pending.

Finally, Faroe operates a concession containing Grouse on the UK Atlantic Margin, west of Shetland. This is a large structural prospect with a seismic anomaly that indicates the potential for light hydrocarbons.

The location is on the northern part of the Corona Ridge in post-basalt Eocene layers. An electromagnetic survey was acquired over Grouse last summer and final evaluation is in hand, again ahead of a drilling commitment decision.

3/26/2013

Related Articles

Norwegian license winners outline prospects, work plans

Jan 22, 2015

Statoil has issued details of its new licenses under Norway’s Awards in Predefined Areas 2014 (APA 2014) Round.

UK offshore sector could be hit by further tax charge

Jan 22, 2015

Accountancy/shipping advisory specialist Moore Stephens claims companies in the offshore maritime sector could be affected by the UK’s proposed 25% Diverted Profits Tax (DPT) charge.

Norway opens new area of Barents Sea for license bids

Jan 22, 2015

The Norwegian Ministry of Petroleum and Energy has made available 57 blocks and part-blocks under Norway’s 23rd licensing round.

Maersk Interceptor starts drilling at Ivar Aasen

Jan 22, 2015

The jackup Maersk Interceptor has started a three-year development program on the Ivar Aasen field in the Norwegian North Sea.

Faroe lines up four wells offshore Norway

Jan 22, 2015

Faroe Petroleum has outlined its 2015 drilling schedule offshore Norway.

Trending News

Development planning progresses at Gazelle offshore Côte d’Ivoire

Jan 30, 2015

Azonto Petroleum says the Côte d’Ivoire government has approved a revised development plan for the shallow-water Gazelle field.

Norway issues permits for Vega transfer, Barents Sea well

Jan 30, 2015

Petroleum Safety Authority Norway has sanctioned Wintershall Norge’s use of the subsea production facilities on the Vega field in the Norwegian Sea.

Total prolongs contract for accommodation vessel offshore West Africa

Jan 30, 2015

Exmar says Total has signed an extension of its contract for the accommodation barge OTTO 5 until mid-2017.

Price squeeze will impact deepwater Africa ambitions, analyst claims

Jan 30, 2015

Wood Mackenzie predicts a 30% reduction in spending on exploration and appraisal offshore Africa this year.

EMGS secures Barents Sea 3D data deal

Jan 30, 2015

Electromagnetic Geoservices (EMGS) has a data licensing agreement with an unnamed oil company to supply 3D EM data for Norway’s 23rd licensing round in the Barents Sea.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>