Search Site


Geometric Drilling - UK Based onshore drilling contractor

JacksonBone - Print and Web Design

Albany House - Business Centre in Berkshire


East Breagh drilling confirms substantial gas discovery for oil companies

21 October 2008

The team of oil and gas companies looking for gas in the East Breagh well in UK Southern North Sea Block 42/13 have received positive results from their latest work. Indications are that that the Breagh field is now likely to be a single significant gas accumulation.

This positive result comes on the back of significant resource already confirmed in adjoining West Breagh. A decision on moving towards early development of the gas field will follow further near term drilling on West Breagh.

The joint venture partners on the project include Sterling Resources (45% and operator), EnCore Oil (15%) Faroe Petroleum (10%), Stratic (10%), Regernesys (15%) and Petroventures (5%).

The East Breagh well tested two zones at combined controlled rates of up to 10.2 million standard cubic feet per day.

Alan Booth, chief executive of EnCore Oil, said: “The next Breagh well will help us better define how the reservoir will perform from a horizontal well, giving us a better understanding of development options, production profiles and recoverability.

“Incorporation of the well results into EnCore’s current mapping suggests that this accumulation has the potential to become one of the larger discoveries of recent years in the Southern North Sea.”






Headlines

17 March 2010

17 March 2010

17 March 2010

17 March 2010

17 March 2010

17 March 2010

17 March 2010

17 March 2010

16 March 2010

16 March 2010

16 March 2010

16 March 2010

16 March 2010

16 March 2010

16 March 2010

16 March 2010

16 March 2010

16 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

15 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

12 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

11 March 2010

10 March 2010

10 March 2010

» See all News

Round-Ups

12 March 2010

12 March 2010

05 March 2010

05 March 2010

28 February 2010

26 February 2010

26 February 2010

21 February 2010

19 February 2010

19 February 2010

14 February 2010

12 February 2010

12 February 2010

05 February 2010

29 January 2010

29 January 2010




Spreadex

© SmallCapNews   |   Contact Us   |   Terms of Use   |   RSS Feeds Site by LunarSafari