Oilexco hits pay in UK North Sea

A significant dual zone oil and gas-condensate discovery has been made at Moth, located in block 23/21 in the UK central North Sea, according to Oilexco North Sea.

Offshore staff

CALGARY, Canada -- A significant dual zone oil and gas-condensate discovery has been made at Moth, located in block 23/21 in the UK central North Sea, according to Oilexco North Sea.

The 23/21-6z Moth discovery well was drilled to 14,616 ft (4,455 m) TD. Hydrocarbon-bearing reservoir sands with a thickness of 605 ft (184 m) were intersected in the Middle Jurassic Pentland and a further 219 ft (67 m) were intersected in the Upper Jurassic Fulmar, the company says.

The company has decided not to continue with the testing process of the Pentland sands at this time. Further testing will likely occur during the course of additional appraisal drilling in the future.

Preparations for drill-stem testing of the primary target, the Upper Jurassic Fulmar interval, will begin immediately after the suspension of the Middle Jurassic Pentland zone.

06/27/2008

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