Conoco Makes Discovery in the North Sea

Conoco announced a successful natural gas well in the southern sector of the U.K. North Sea. When developed, Conoco said it could yield expected future production of more than 80 billion standard cubic feet of gas.

Evaluations are underway on the accumulation as part of its Caister Murdoch System III (CMS III) development program of five natural gas fields in the North Sea. First production is expected in the fourth quarter of 2002.

The gas find lies between the Conoco-operated Murdoch and Caister natural gas fields in blocks 44/22a and 44/23a, 75 miles northeast of Theddlethorpe St. Helen, Lincolnshire, England. The Ensco 80 jackup exploration rig drilled the well in 131 feet of water between December 2000 and March 2001. It encountered approximately 739 feet of gross pay, 170 feet net, in the Carboniferous Westphalian formation. The well was not tested, as wireline logs confirmed that the high quality of the reservoir is consistent with that of others operated by Conoco in the area.