Finance & Investing
News Services
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy


Premier, Antrim Abandon East Fyne Well

change text size

UK firm Premier Oil announced Monday that it was abandoning its East Fyne appraisal well in the North Sea. Premier is the operator of the well and holds 39.9 percent of equity in the Fyne block in the UK's zone of the North Sea (block 21/28a) on which the well is located, while Canadian firm Antrim Energy has a 35.1 percent working interest.

The East Fyne well was drilled to a total depth of 5,020 feet and encountered 11 feet of gas-bearing sand within the Upper Tay formation and eight feet of oil-bearing sand within the Middle Main Tay. But because the thickness of the oil-bearing sand is at the lower end of the pre-drill estimate the firms have decided to plug and abandon the well.
The Sedco 704 (mid-water semisub), which was used on East Fyne, will now be moved to drill the Premier-operated Bluebell prospect (in which Premier has a 60 percent working interest) on license P1466 (UK block 15/24c), also in the Central North Sea. Results from this well are expected next month.
Separately, Antrim Energy said that progress was being made with the development of the Causeway Field, which is located on blocks 211/22a and 21/23d in the UK zone of the North Sea.
After a field development plan was approved by the UK's Department of Energy and Climate Change, a lump sum contract with a value of approximately $52 million (GBP 33 million) was awarded by operator Valiant Causeway (54 percent interest) to French contractor Technip for engineering, procurement, installation and commissioning of rigid and flexible pipelines, subsea equipment and umbilicals.
Meanwhile, the Borgsten Dolphin (mid-water semisub) rig has been contracted to complete the existing production and water-injection wells on the field (in which Antrim holds a 35.5 percent stake). First oil is expected during the third quarter of 2012.


A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at


Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

More from this Author
Jon Mainwaring
European Editor | Rigzone
 -  Drilling Activity to Rebound in 2016 a... (Mar 26)
 -  Hess, Petroceltic Pull Out of Kurdista... (Mar 25)
 -  Wells Cathedral School Pupils Win BP's... (Mar 24)
 -  Osborne Reveals Raft of Measures to Bo... (Mar 18)
 -  Aker Sets Out Strategic Goals (Mar 17)
Most Popular Articles
From the Career Center
Jobs that may interest you
Technology Manager
Expertise: Drilling Engineering
Location: Lake Charles, 
Reservoir Engineer [10359-NB]
Expertise: Petroleum Engineering|Reservoir Engineering
Location: Houston, TX
Sr. Geologist
Expertise: Geologist|Reservoir Engineering
Location: Denver, CO
search for more jobs