Farm-in could advance drilling offshore southern England

Oct. 31, 2014
InfraStrata and partners Corfe Energy and Brigantes Energy have signed an agreement for a license offshore southern England.

Offshore staff

LONDON – InfraStrata and partners Corfe Energy and Brigantes Energy have signed an agreement for a license offshore southern England.

Southwestern Resources has agreed to farm into 10% ofoffshore Dorset license P1918, subject to UK government approval, in return for funding of upcoming work commitments.

These include acquiring two new 2D seismic lines over the Purbeck prospect, in order to complete the well design for the proposed California Quarry-1 well, and performing a pre-stack depth migration reprocessing of two offshore 3D seismic surveys in the northern area of block 98/11 acquired during 1992 and 1999.

The reprocessing will focus on the undeveloped Colter, Old Harry, and Ballard Point discoveries. Colter, the largest of the three, is within a fault block immediately south of the producing onshore/offshore Wytch Farm oil field.

The 98/11-3 well, drilled in 1989 by Gas Council (Exploration), encountered a 10.5-m (34-ft) vertical oil column in the Sherwood sandstone with an oil/water contact at a depth of 1,739 m (5,705 ft) subsea. Reservoir quality is similar to that observed in Wytch Farm.

Southwestern Resources has an option to acquire a further 65% interest if it funds the planned California Quarry-1 onshore to offshore well, which must be drilled by February 2016 to extend the license into its second term.

10/31/2014