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


advertisement

Enegi Completes Acquisition of 3D Seismic over Phoenix Block

change text size

UK junior Enegi Oil reported Friday that it has completed the acquisition of 95 square miles of 3D seismic data on the Phoenix block in the UK North Sea.

Enegi will now carry out in-house interpretation, subsurface analysis and reservoir modeling to determine the full range of recoverable reserves for the Phoenix discovery. The firm said that this will incorporate analysis currently being carried out by Azimuth Limited.

Azimuth will also look at the additional exploration potential of the block under a farm-in agreement announced in February, which may lead to further development activity.

Discovered by Royal Dutch Shell in 2004, the Phoenix oil discovery is a low-relief dip closed structure that lies on the Forties-Montrose High, between the Nelson field and the Montrose field in the central North Sea. A review of the Phoenix discovery by Enegi has led to a preliminary estimate of 15 million barrels of oil in place.
 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

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.


More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Oil & Gas UK Appoints New Chief Execut... (Feb 27)
 -  SeaBird Warns of Continued Weakness in... (Feb 27)
 -  Scottish Subsea Technology Calls in Ad... (Feb 27)
 -  Icon Offshore Gets Petronas Carigali's... (Feb 26)
 -  Bumi Armada's 2014 Net Profit Dips 49.... (Feb 26)
Most Popular Articles
From the Career Center
Jobs that may interest you
Senior Geophysicist
Expertise: Geophysicist
Location: Houston, TX
 
GIS Analyst
Expertise: Geologist|Software Specialist
Location: Houston, TX
 
Software Engineer - Mobility Solutions Lead Developer
Expertise: IT - Software Development|Software Specialist
Location: Houston, TX
 
search for more jobs