Tryfan Well Deemed 'Sub-Commercial'
Valiant Petroleum plc announced that drilling has completed on the Tryfan prospect (Valiant, 33.33%) located in UK Block 3/17. Apache North Sea operates the license.
The well encountered both Frigg and Dornoch sandstones on prognosis with a small gas column present at the top of the Frigg formation interpreted to be sub-commercial. The well will now be plugged and abandoned.
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Operates 4 Offshore Rigs
- Apache Raises North America Output Forecast, Swings To Profit (May 04)
- Oil Producer Apache Posts Smaller-Than-Expected Loss (Nov 03)
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Company: Valiant Petroleum more info
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