Perenco UK has began fuel manufacturing at its C06 nicely, a near-field discovery inside the Ravenspurn South space of the Southern North Sea (SNS).
The deviated nicely 42/30-C06 was drilled and accomplished with the Valaris-247 rig in a water depth of 157.5 ft (48 meters), delivering an estimated reserve addition of round 20 billion cubic ft (Bcf) to 40 Bcf from a beforehand undrilled block on the North-Jap fringe of the Ravenspurn South area, the corporate stated in a information launch Tuesday.
The nicely was initially related to a nicely check package deal, permitting measurement of the fuel fee at 12 million commonplace cubic ft per day (MMscfpd) whereas sending dry fuel to the Cleeton Hub and onwards to the Dimlington terminal on the Yorkshire coast, Perenco stated.
In early March, the C06 nicely shall be related to the Perenco operated manufacturing community with new everlasting pipework on the RSC topsides, the corporate added.
“These constructive outcomes from Ravenspurn South, coming shortly after the latest success at Ravenspurn North, convey a significant improve to Perenco UK’s operated manufacturing, and open the door for the additional improvement of tight fuel reservoirs in Perenco’s Southern North Sea belongings”, Perenco UK Common Supervisor Jo White stated.
Perenco introduced the near-field discovery in December 2023. The nicely discovered a 295-foot (90-meter) part of totally gas-bearing Decrease Leman Sandstone, Rotliegend Formation, with reservoir properties according to close by Ravenspurn South producers.
Perenco stated that the C06 nicely mixed with the latest start-ups of latest wells D15 and D16 within the Ravenspurn North area drilled with the Valaris-247 rig produce a further 40 MMscfpd, which represents a 20 % improve to its operated manufacturing within the SNS.
Perenco has been current within the UK Southern North Sea Basin since 2003 and has operated Europe’s largest onshore oil area at Wytch Farm since 2011. Within the North Sea, PUK processes nearly 15 % of the UK’s (UK) nationwide fuel manufacturing. It owns and operates the biggest infrastructure on the UK Continental Shelf, comprising 45 offshore platforms, 14 subsea wells, and a community of greater than 1,491.3 miles (2,400 kilometers) of pipelines related to its two onshore terminals at Bacton and Dimlington the place the fuel is obtained, handled, metered after which exported into the UK Nationwide Grid. The corporate produces roughly 40,000 boepd, of which roughly 14,000 barrels are from Wytch Farm, wherein PUK holds a 95 % share.
Drilling Marketing campaign in Cameroon
In the meantime, Perenco Rio del Rey, one in every of Perenco’s Cameroon subsidiaries, has begun a five-well improvement drilling marketing campaign on the Kita Eden area, within the northern part of the Rio del Rey Basin.
Perenco and its companies subsidiary Dixstone have efficiently designed and constructed a shallow water barge particularly for the marketing campaign. The barge will complement Dixstone’s LUG platform, which over the previous 5 years has delivered over 16 million barrels of oil in Cameroon, based on a separate information launch.
The drilling marketing campaign types a part of Perenco Rio del Rey’s dedication following the 2023 signing of a twenty-year license settlement with Cameroon and associate Addax Petroleum Cameroon, Perenco famous.
“As soon as once more, we’re demonstrating our agency dedication and skill to unlock stranded reserves in very mature fields”, Armel Simondin, Managing Director of Perenco Rio del Rey and Perenco Group CEO designate, stated. “Because of this marketing campaign, Cameroon can look ahead to the Kita Eden area nonetheless producing for many years to return”.
Perenco stated it’s the main nationwide oil operator in Cameroon with a manufacturing of 90,000 barrels of oil equal per day. The corporate entered Cameroon in 1993 with the acquisition of the Moudi concession, in affiliation with Société Nationale des Hydrocarbures.
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