Huntington discovery moved forward
2008.02.11 -
Field Development
The operator Oilexco today announced an update of the Huntington appraisal activities (see attached file). Noreco owns 20% of the discovery. An extensive appraisal programme for the Forties oil accumulation has been completed, and appraisal of the Fulmar oil accumulation is on its way. Further appraisal activity will be required to conclude on the full potential of the lower zones of the field. Fast track development options for the field are now being studied and tender for long lead items are being issued.
- We are pleased with the progress of the appraisal program at Huntington. The two first wells in the program has moved the field closer to development, and we are now looking forward to work with our partners on a rapid development of the field, says CEO Scott Kerr.
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.
