Azinor Catalyst spuds well on Partridge Prospect in the UK North Sea
LONDON -- Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P Company focused on the UK Continental Shelf, is pleased to announce that the 14/11a-2 well on the Partridge Prospect, was spudded at approximately 6:30 a.m. on Aug. 15, 2017, using the Ocean Guardian semisubmersible drilling rig. Azinor Catalyst has a 100% Operating interest in the well.
The 14/11a-2 well is expected to take around 30 days to complete and will be drilled to a depth of 2,450 m, TVDSS. It is then the company’s intention to immediately mobilize the Ocean Guardian to the Viking Graben, where preparations will commence to drill a second well, which will appraise the Agar Discovery and includes a sidetrack to test the Plantain Prospect.
The Partridge Prospect’s pre-drill recoverable volumes have been estimated at 119 MMboe in the mid case, with an upside case of 260 MMboe.
Further announcements on the results of the wells will be made in due course.
The Partridge Prospect
Catalyst acquired a 100% operated interest in blocks 14/11a, 14/12a and 14/16a, which contain the Partridge Prospect, in December 2015.
The Partridge Prospect’s pre-drill recoverable volumes have been estimated at 119 MMboe in the mid case, with an upside case of 260 MMboe. The Prospect has a relatively shallow and normally pressured reservoir and is located within the Jura sub-basin of the Outer Moray Firth, adjacent to prolific oil fields including the Scapa, Claymore and Athena oil fields.
The Prospect is a large, structurally controlled, stratigraphic trap comprising deep-water mass flow sands of the Lower Cretaceous Scapa Sandstone Member and has an associated direct hydrocarbon indicator. This seismic signature is directly analogous to the one observed in the Lower Cretaceous sands at the producing Scapa and Claymore fields.
