Nautical Petroleum has hit pay in the Kraken 9/02b-5 pilot well in the UKCS North Sea Block 9/2b. The well encountered oil in the Heimdal III sandstone interval.
Drilled by the WilHunter semisub,the pilot well reached a total depth of 4,785 feet (1,458 meters) measured depth, with the top of the targeted Heimdal III reservoir encountered at 4,168 feet (1,270 meters) MD. The overall sand interval has a gross thickness of 145 feet (44 meters).
Nautical stated that the well has exceeded pre-drill expectations, with a thicker net oil pay than expected. Preliminary log evaluation indicates a calculated net oil pay of 94 feet (29 meters) TVT, with an average porosity of 38% and an average oil saturation of 78%. Furthermore, the operator did not encounter an oil water contact at this location. Once drilling operations are complete at 9/02b-5, the operator will commence drilling of a horizontal sidetrack. Drilling should take up to 40 days.
Krakan spans Blocks 9/2b and 9/1a in the UK sector of the North Sea. Nautical holds a 50% operating interest in Block 9/2b.
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