Maersk Hits Gas, Condensate at Culzean Prospect in UK North Sea

Maersk Oil North Sea UK has made a promising gas and condensate discovery in the Culzean prospect in the UK Central North Sea. The Culzean exploration well has been successfully completed, confirming the presence of hydrocarbons.

Maersk successfully completed the High Pressure and High Temperature (HPHT) Culzean exploration well located in Block 22/25a in the UK Central North Sea on December 2, 2008. The well encountered a promising gas condensate column in reservoirs of Middle Jurassic to Triassic age. Evaluations are now ongoing to determine size of the gas volume, commerciality and possible development options.

The Culzean discovery is located in block 22/25a (license P111) at a water depth of some 92 meters and is located approximately 30 km north of the existing Elgin-Franklin field, operated by Total and with Eni UK Limited participating with a 21.87% equity share.

Maersk Oil’s interest (currently 66%) in block 22/25a was acquired from BP in 2004. Partners in the block are Nippon Oil (17%) and ENI (17%).

Commenting, Aberdeen-based Managing Director Kurt Normann Nielsen said, "The Culzean well presented significant technical challenges, including complex HPHT conditions. This is an example of how a technology driven approach can add new opportunities in the North Sea and we hope that our evaluation of this gas find will lead to a commercial field development."