Dana Logs More Pay in Barbara Area of Central North Sea

Dana Petroleum reports that the current exploration well being drilled by Dana in Block 23/16b has found hydrocarbons in the neighboring block to the Barbara field, which was originally discovered by well 23/16c-8 in 2002.

This latest well, denoted 23/16b-10, has stepped out approximately 1.5 kilometers to the east of the original Barbara discovery well and has been drilled to a total depth of around 9,400 feet sub-sea. A full suite of downhole logs has just been gathered and evaluation is ongoing. Preliminary analysis indicates that the well has encountered a considerably thicker Forties sandstone reservoir than seen in the original discovery well.

Dana is drilling the 23/16b-10 well under the terms of a farm-in agreement with Shell U.K. Limited and Esso Exploration & Production UK Limited, whereby, in return for satisfying its drilling obligations, Dana will be assigned a 50% interest in and operatorship of the Barbara sub-area of Block 23/16b.

Immediately following completion of operations at the current well, Dana will move the Bredford Dolphin semisub to a location in nearby Block 23/11 to drill the Dana operated Fiacre exploration well, which is targeting a Jurassic oil prospect.

Dana and its coventurers discovered the Barbara field in 2002 with the 23/16c-8 exploration well, which encountered a total of over 270 feet of good quality Forties sandstone reservoir, full to the base of the sand with rich gas-condensate.

Following final results from well 23/16b-10, the Barbara area will be re-mapped. Dana's current estimate of most-likely recoverable reserves from the Barbara field are around 120 bcf of gas and four million barrels of associated hydrocarbon liquids. Barbara is located within tie-back distance of both the Everest and ETAP production and export infrastructure systems thus providing future development options for the field.

On completion of the farm-in obligations by Dana, the 23/16b (Barbara sub-area) coventurers will be Dana 50% and Operator, Shell 16.67% and Esso 33.33%. The current 23/16c coventurers are Dana 50% and Operator, Caledonia Oil & Gas 30% and Eni 20%.

The Fiacre prospect is a Jurassic age sandstone structure, located entirely within Block 23/11, with the potential to contain 105 million barrels of oil in place. On completion of the Fiacre well farm-in obligations, by Endeavour, the 23/11 (Fiacre sub-area) coventurers will be Dana 60% and Operator, Endeavour 20% and Eni 20%. The coventurers in the remaining area of Block 23/11, which contains an extension of the Barbara field, will remain Dana 80% and Operator and Eni 20%.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Broussard: AFO Monitoring Specialist, Sr
Expertise: Geoscientist
Location: Broussard, ME
Mid to Senior-Level Environmental Geologist
Expertise: Environmental Engineer|Geologist
Location: Wichita, KS
Senior GIS Analyst- Spatial Data Management
Expertise: Geoscience Technician
Location: Houston, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours