Offshore staff
ABERDEEN, UK – Faroe Petroleum expects the semisubmersible Transocean Arctic to spud the Rungne exploration well in the Norwegian North Sea around the end of this month.
The well will target prospective resources of 70-110 MMboe. Following completion, the rig will drill the Faroe-operated Brasse East well, in this case pursuing resources of 12.5 MMboe.
Success here could bolster the planned Brasse field development, butBrasse East well also has the potential to de-risk the Brasse Extension exploration prospect, where resources are estimated at 40-70 MMboe.
Early next year, Faroe will participate in a well on the Equinor-operated Pabow prospect in the Stord basin, east of the prolific Utsira High, and the Spirit Energy-operated Cassidy exploration well (to be drilled back-to-back with the production wells for the Oda field development in the southern Norwegian sector).
Cassidy is in the PL405 Oda license north of Oda.
Also, on Faroe’s line-up for 2019 is a well on Bergknapp (ex-Yoshi) in PL 836 S, southwest of the Smørbukk South field in the Norwegian Sea; and an appraisal well to be drilled by the semisubDeepsea Bergen on an area near the crest of the Iris Hades gas/condensate structure, south of this year’s discovery well.
As for Faroe’s producing fields, at Ula operatorAker BP plans to drill three or more new infill wells in 2019-20 based on results of a recent time-lapse 3D seismic survey.
These will include new injection wells to extend the Water Alternating Gas pattern for the Ula field, along with infill production targets.
Production from the Schooner and Ketch fields in the UK southern gas basin ceased on Aug. 15, following closure of the Conoco-operated Theddlethorpe reception terminal.
However, Faroe is investigating the potential for alternative export routes for these two fields in the near term.
09/19/2018
