Valiant 2011 Drilling Campaign Off to Bold Start
Valiant Petroleum announced that its Don Southwest 'E' Panel exploration well, 211/18a-S7, has reached a total depth of 11,540 TVDSS feet (3,517 meters), encountering a hydrocarbon-bearing Brent sand formation indicating a gross recoverable accumulation of 5 to 7 million barrels of oil. The well will now be suspended as a future production well, which should come online in the second half of 2011.
Additionally, the field partners have decided to drill a low cost pilot-hole into Area 26 to appraise the commerciality of the 211/18a-26 discovery, originally drilled in 2007. Once the Area 26 well is completed, drilling will commence on the Don Southwest Area 6 development well with hopes to bring the well online in the summer of 2011. Don Southwest is located on UK Block 211/18a roughly 6 miles (9.5 kilometers) away from the UK/Norway median line. Valiant holds a 40% stake in the field.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.