GDF Suez: Successful Southern North Sea Appraisal Well
February 10 2009 - 3:21AM
Dow Jones News
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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