LONDON -- The 210/29a-4 Bowstring East exploration well has hit oil pay, according to EnCore Oil.
The well, located in the UK northern North Sea, was drilled to a total depth of 9,734 ft (2,967 m). Wireline logging confirmed 25 ft (7.6 m) of net hydrocarbon pay over a gross interval of over 110 ft (34 m). Wireline pressure data and fluid sampling has established the presence of light oil and no oil-water contact was observed, the company says.
The company reports it will not undertake a well testing program. Instead, it will now suspend the well with a view to re-entering and undertaking sidetracking, coring, and testing operations at a future date, following integration of the well results into the seismic model.
"The wireline logging program confirmed the presence of light oil with no oil-water contact and the group has now obtained sufficient oil samples, reservoir pressure and permeability data to conclude that the cost of a winter well testing program would be better spent on further appraisal of the discovery," says Alan Booth, EnCore Oil's CEO.
"As such, the group has decided to suspend the well for likely use during any future appraisal or development drilling."