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.

Mar 6th, 2015

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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