Zennor completes North Sea Finlaggan appraisal

Zennor Petroleum has completed appraisal of the Lower Cretaceous Finlaggan gas condensate accumulation in the UK central North Sea.

Jul 22nd, 2016

Offshore staff

LONDONZennor Petroleum has completed appraisal of the Lower Cretaceous Finlaggan gas condensate accumulation in the UK central North Sea.

Spudded in April on license P2013, the semisubmersibleTransocean Sedco 704 drilled well 21/5c-7 and side track 21/5c-7Z. Well 21/5c-7Z was drillstem tested at a stable rate of 9,785 boe/d (40 MMscf/d of gas and 3,120 b/d of condensate). The flow rate was constrained by the capacity of the surface testing equipment.

The data from the wells will now be integrated into a detailed reservoir model to define the estimated reserves which should demonstrate the commercial potential of Finlaggan consistent with the range of pre-drill estimates.

In parallel with the drilling, Zennor said its engineering teams have been making good progress in discussions with operators of potential offtake routes for the Finlaggan hydrocarbons. Engineering studies are under way with several companies, with the intention of being able to deliver first production from Finlaggan no later than 2019.

Zennor Petroleum Ltd.’s wholly owned subsidiary Zennor Pathway Ltd. (operator) holds a 100% interest in license P2013.

07/22/2016

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