Ithaca targets Jacky’s unswept oil

Ithaca Energy plans to drill a second production well on the Jacky field in the UK Outer Moray Firth early next year to access additional reserves.

Offshore staff

CALGARY – Ithaca Energy plans to drill a second production well on the Jacky field in the UK Outer Moray Firth early next year to access additional reserves.

Production from the well should initially exceed 5,000 b/d of oil when it comes on stream next spring.

Ithaca has identified an unswept area of oil north of the existing producer, which it believes could contain substantial incremental oil reserves.

Jacky has been producing from a single well since April 2009, and has surpassed production forecasts.

Northern Offshore’s jack-up Energy Enhancer will drill the new producer as a deviated well from the Jacky platform out to the target area.

It will be completed with electrical submersible pumps and tied in to the existing Jacky production manifold for export via the Beatrice Alpha processing facility.

The program, due to start in late February, should last 72 days and cost $38 million. Tie-in should coincide with a planned maintenance shutdown of the Beatrice facility.

12/28/2010

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