French utility GDF Suez (GSZ.FR) and its license partners, Venture Production Plc (VPC.LN) and Endeavour Energy UK Limited, said Tuesday that that appraisal well 44/12a-3 has been a success, further extending the Cygnus Gas Field in the Southern North Sea.

The ultimate recoverable reserves for the whole field will lead to Cygnus being ranked as one of the more significant Southern North Sea development projects in recent years, GDF Suez said.

The well is located in the Southern Basin sector of the United Kingdom Continental Shelf, six kilometers East North-East of the previous Cygnus well 44/12a-2.

The well was drilled to a total depth of 12,433 feet and tested up to 32 million standard cubic feet per day.

The well has confirmed the presence of gas in both the primary and secondary reservoir intervals.

The likely reserves of the secondary reservoir are thought to be in excess of 100 billion cubic feet.

A further appraisal well is planned approximately 8 kilometers northwest of 44/12a-3 immediately following completion of operations on this well.

Company Web site: www.gdfsuez.com

 
 
 
 
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