RE: News, more drilling success A bit of history on the Breagh from Stratic
The Breagh gas discovery well 43/13-2 was originally drilled and tested by Mobil in 1997. The well encountered gas and was perforated and tested over five intervals within the Carboniferous at an unstimulated rate of 3 mmscfpd, demonstrating the potential for movable hydrocarbons. An earlier well 42/13-1 drilled by BP in 1968 to the east of the 42/13-2 well encountered 43 feet of wet Scremerston Sandstone. This well provides structural control and helps to identify the Breagh eastern closure.
The 42/13-3 well was drilled to a Carboniferous Dinantian target encountered previously by the 43/13-2 well drilled in
1990, which failed to test at commercial rates. The latest well was drilled through the reservoir interval using an oil based
mud system to avoid the formation damage experienced in the discovery well. The well was flow tested successfully at up to 17.6mmcfd; a significant improvement from the original well.
Interpretation of 3D seismic over this block suggests that there may be a substantial extension of the West Breagh structure to the east, known as East Breagh. The potential identified in East Breagh will be the target of a well to be drilled as the first of a two to three well program commencing in the third quarter of 2008.
The Ensco 70 jack-up drilling unit has been contracted to drill at least two wells on the Breagh licence in 2008. By the end of the year, the overall scale of the development will be better defined, and plans well underway for submission of the Field Development Programme.
and from Oilvoice:Following the East Breagh well, a high angle / horizontal appraisal well is planned for West Breagh (42/13-5) to further evaluate this part of the field. These wells will provide key data towards assessing the economic viability of developing the Breagh gas field in terms of hydrocarbon resource base and well performance and will also provide better understanding of further hydrocarbon potential in the greater Breagh area.
Graham Stewart, Chief Executive of Faroe Petroleum, commented: “We are very pleased to be able to announce the commencement of this exciting well; the Breagh area is showing great promise following the successful appraisal well drilled on West Breagh last year. If the East Breagh well proves up further reserves there is good scope for a significant gas field development, and potential for considerable value creation for our shareholders”.