Marconi-Vorlich exploration well successful, RWE Dea says

Marconi-Vorlich exploration well successful, RWE Dea says

HAMBURG, Germany -- UK exploration well 30/1f-13 and sidetrack 30/1f-13Y have encountered hydrocarbons in the Marconi-Vorlich prospect, RWE Dea has reported. The find in Paleocene sandstones has been flow tested at a maximum rate of 5,350 boed. RWE Dea is part of the consortium operated by GDF SUEZ.

The Marconi-Vorlich 30/1f-13A,Z exploration well and subsequent geological side-track 30/1f-13Y was drilled by GDF SUEZ under a joint well agreement between the P1588 (Block 30/1f) and P363 (Block 30/1c) licensees. The 30/1f-13Z geological side-track has confirmed a westerly extension to the initial discovery.

RWE Dea’s Managing Director in the UK, Dirk Schoene, is pleased about the success. “We have used the latest seismic analysis before selecting the ideal drilling position. This was the basis for the current success. The discovery is a further step in the expansion of our business in the UK.”

RWE Dea UK holds a 27.78% equity interest in the P1588 license. GDF SUEZ E&P UK (the operator) holds a 50.00% interest and Maersk Oil North Sea holds the remaining 22.22%.

BP Operating Company (the operator) holds a 50.00% equity interest in the P363 license. Total E&P UK holds the remaining 50.00%.