Rockhopper Exploration said its Sea Lion appraisal well 14/10-5 in the North Falkland basin has flowed oil at commercially viable rates.
The appraisal well flowed at a stabilized rate of 5,508 barrels of oil per day and had a maximum stabilized flow rate of 9,036 of natural gas per day. A total area of 282 feet (86 meters), incorporating 259 feet (79 meters) of the reservoir, was perforated between 7,805 and 8,087 feet (2,379 and 2,465 meters) over the Sea Lion main fan complex. No lower fan sands were perforated on this flow test, stated the operator.
Rockhopper believes that the flow rates achieved are commercially viable, and the company will follow up with another appraisal well to determine the extent of the Sea Lion resource. The Ocean Guardian semisub will now drill well 14/10-6, located about 3 miles (4.5 kilometers) to the west of well 14/10-5.
The Sea Lion discovery is located on Block 14/10 in Production Licenses 032 and 033 on the eastern basin margin of the Falkland Islands. Rockhopper wholly owns and operates the field.
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