Oil and gas exploration and production company Premier Oil has made an oil discovery at the North Sea Bagpuss well, which encountered 41 feet of hydrocarbon-bearing sands within a 68 foot hydrocarbon column.
The 13/25-1 well, which was targeting the Bagpuss prospect on the Halibut Horst in the Outer Moray Firth, reached a total depth of 1,532 feet. The find was in line with pre-drill estimates. The well is now being plugged and abandoned.
“The Bagpuss well has proven a significant volume of oil in place. We will now work with our partners to carry out a full analysis of the hydrocarbons and reservoir encountered to ascertain whether commerciality can be established,” said Robin Allan, director of exploration and North Sea at Premier.
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