ABERDEEN, UK — Parkmead will increase its operated stake in license P.2400 in the UK central North Sea from 30 to 50%, after receiving regulatory approvals.
In addition, the North Sea Transition Authority has sanctioned entry to the next phase of the license with agreement to drill the potentially high-impact Skerryvore prospects.
The other partners are Serica Energy (20%) and CalEnergy Gas (30%).
Parkmead’s geotechnical investigations have confirmed multi-interval potential in Skerryvore. The first planned well will target the main stacked exploration prospects, at Mey and Chalk level, which could contain 157 MMboe.
There is further prospectivity elsewhere on the license at the Ekofisk and Jurassic levels. A commercial discovery could be tied into existing and planned infrastructure nearby.
For instance, Harbour Energy is progressing the adjacent Talbot discovery through the J-block facilities, NEO Energy is redeveloping the Affleck, and TotalEnergies is drilling an appraisal well on the potentially large Isabella gas-condensate discovery. And just across the median line in the Norwegian sector, ConocoPhillips is developing Tommeliten.