Fyne well suspended as future producer

May 7, 2008
Antrim Energy's Fyne well 21/28a-9 in the UK central North Sea has been suspended as a future oil producer.

Offshore Staff

ALBERTA, Canada -- Antrim Energy's Fyne well 21/28a-9 in the UK central North Sea has been suspended as a future oil producer.

The well was drilled as planned with three legs, one pilot hole, and two sidetracks into the Eocene Tay Sandstone, each leg encountering a significant hydrocarbon column, according to Antrim. Flow tests recorded rates up to 3,360 b/d of oil.

Full analysis of the log and test data from 21/28a-9y has led to an upward revision of the net oil pay thickness from the previously reported 52 ft (16 m) TVD net oil pay and 35 ft (10.6 m) net gas pay to 65 ft (20 m) net oil pay and 30 ft (9.1 m) net gas pay.

Antrim expects to accelerate the Fyne appraisal and development using the contractedTransocean Prospect, which is scheduled to begin a multi-well drilling program for Antrim in June this year. Two additional wells are planned on the field before the company submits an application to the UK regulatory authorities for development approval. Assuming approval is granted, no further wells are anticipated on the field and first production is targeted for as early as 2010.

05/06/2008