IOG Comes Up Dry in Skipper Well Secondary Objective
Independent Oil and Gas plc revealed Friday that the Skipper appraisal well, located in the Northern North Sea, did not encounter any hydrocarbons in its secondary objective.
The well was successfully drilled to a total vertical depth of 5,578 feet with no safety incidents and achieved its primary objective of retrieving good quality reservoir condition oil samples from the Skipper reservoir in order to optimise the Skipper field development plan. The oil viscosity of the samples appears likely to be within the 50cP – 150cP range expected by the IOG management, which was “much better than Competent Persons Report estimates” according to IOG.
The well’s secondary objective, to drill two mapped reservoir structures beneath the Skipper oil field in the Lower Dornoch and Maureen formations, has been completed but did not encounter any oil and gas. This well will now be plugged and abandoned.
“We are extremely pleased to have achieved drilling success at the Skipper well, our first operated well. We are encouraged by the good quality oil samples retrieved, the well’s primary objective,” said Mark Routh, CEO of IOG.
“Whilst the exploration prospects did not encounter hydrocarbons, I am increasingly confident that the commerciality of the Skipper field has been confirmed now that we have the data we need to progress to the field development planning,” he added.
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