Eirik Raude spuds Zebedee well offshore Falklands

The semisubmersible Eirik Raude has started drilling the Zebedee prospect in the offshore North Falkland basin for operator Premier Oil.

Offshore staff

LONDON – The semisubmersible Eirik Raude has started drilling the Zebedee prospect in the offshore North Falkland basin for operator Premier Oil.

According to partner Rockhopper Exploration (AIM: RKH), well 14/15-5 well will test seven stacked fan bodies with varying geological chances of success of 9-52%. Prospective resources could be in the range of 13-178 MMbbl.

Drilling, coring, and logging operations are expected to take around 30 days.

The current planned order for the six-well campaign, commissioned by various partnerships off the Falkland Islands is:

1.)

Zebedee (RKH 24.0%)

North Falkland basin, license PL004b

2.)

Isobel Deep (RKH 24.0%)

North Falkland basin, license PL004a

3.)

Humpback (Non RKH well)

South Falkland basin, southern license area

4.)

Jayne East (RKH 24.0%)

North Falkland basin, license PL004c

5.)

Chatham (RKH 40.0%)

North Falkland basin, license PL032

6.)

Second Noble-operated well

South or East Falkland basin, to be decided

Each well will likely cost around $50 million, Rockhopper adds. No drillstem tests are planned for the four wells the company will participate in.

03/06/2015

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