IOG updates southern North Sea gas developments

Independent Oil and Gas has secured an extension to Dec. 20, 2017, for license P2085 in the UK southern North Sea.

Offshore staff

LONDONIndependent Oil and Gas has secured an extension to Dec. 20, 2017, for license P2085 in the UK southern North Sea, which contains the Harvey gas discovery.

IOG has a 100% operated interest in the field, contained within the Leman sandstone formation play. Harvey could be the largest gas discovery in IOG’s portfolio, the company claims, with potential resources in the range of 44-290 bcf.

Later in the year IOG expects to commit to drill an appraisal well. If the result is positive, Harvey could be tied back to the same nearby pipeline identified to export gas from the company’s Blythe and Vulcan Satellite hubs.

Britain’s Oil & Gas Authority has also accepted IOG’s technical submission for the Elgood discovery in the same sector, which will be added to the Blythe field development plan as a satellite tie-in.

Elgood is a relatively small discovery thought to hold 22 bcf recoverable. It will likely be developed via a single subsea well connected to a platform at Blythe. IOG expects to submit the development plan to the OGA in mid-2017.

03/27/2017

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