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Eirik Raude Oil Rig Arrived off the Falklands
Eirik Raude Oil Rig Arrived off the Falklands
The last well drilled in the southern Sea Lion complex was 14/15 discovery, which showed limited oil water contact. This is extremly important proving the oil has no barriers and moved into Zebedee complex, through proven oil rich sands Sea Lion and Casper already discovered both onlap Zebedee multi stacked well. With the major zone having a 52% cos. This is not the same as a 50/50 coin flip in laymans terms these CPRs are done on a conservative basis, most exploration wells are sub 15% cos. https://uk.advfn.com/newspaper/Chrisoil/32373/eirik-raude-oil-rig-arriving-soon-off-the-falklands