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

Premier to submit development plan for Vette offshore Norway

Jan 14, 2015

Premier Oil says front-end engineering and design is nearing completion for the Vette (ex-Bream) field project in the Norwegian North Sea.

IOG aims to drill Cronx in North Sea

Jan 14, 2015

Britain’s government has extended Independent Oil and Gas’ (IOG) Cronx license in the North Sea until end-2015.

Sound Oil drops bid for Antrim

Jan 14, 2015

Sound Oil has withdrawn its proposed public offer for the entire share capital of UK North Sea specialist Antrim Energy.

OSM Offshore to operate Mariner FSU

Jan 14, 2015

Statoil UK has contracted OSM Offshore to operate the floating storage unit that will be deployed on the Mariner oil field in part-block 9/11a in the UK northern North Sea.

UK association urges further tax breaks

Jan 13, 2015

Oil & Gas UK has called for more government intervention to sustain UK offshore oil and gas activity.

Trending News

BP has agreement in principle to settle governmental Macondo claims

Jul 2, 2015

BP has an agreement in principle to settle all federal and state claims arising from the Macondo oil spill in the Gulf of Mexico. 

Norwegian government realigns Johan Sverdrup field interests

Jul 2, 2015

The Norwegian Ministry of Petroleum and Energy has determined the various ownership interests in the Johan Sverdrup field in the central Norwegian North Sea.

South Pars Phase 1 platform capacity upgrade completed

Jul 2, 2015

Production capacity of Platform SPD1 serving Phase 1 of the South Pars gas field in the Persian Gulf has reached 1 bcm/d (35 bcf/d).

Noreco settles offshore Denmark liabilities

Jul 2, 2015

Norwegian Energy Co. (Noreco) has reached agreement with its joint venture partners in the Danish North Sea on its forfeited licenses and related abandonment liabilities.

COSCO Qidong extends delivery of semisubmersible accommodation rig to Axis Offshore

Jul 2, 2015

COSCO Qidong Offshore Co. Ltd. has agreed to extend the delivery of a harsh environment semisubmersible accommodation rig to Axis Offshore. 

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>